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Concentrating on the Fall of the Labor Share
Autor, David H. - 2017
al. (2017), we evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among … firms within industries has risen across much of the private sector; and industries with larger increases in concentration …
Persistent link: https://www.econbiz.de/10012963787
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The Fall of the Labor Share and the Rise of Superstar Firms
Autor, David H. - 2017
firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar … increasingly concentrate in a small number of firms; industries where concentration rises most will have the largest declines in … share will be greatest in the sectors with the largest increases in market concentration; and finally, such patterns will be …
Persistent link: https://www.econbiz.de/10012956029
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The fall of the labor share and the rise of superstar firms
Autor, David H.; Dorn, David; Katz, Lawrence F.; … - 2017
firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar … increasingly concentrate in a small number of firms; industries where concentration rises most will have the largest declines in … share will be greatest in the sectors with the largest increases in market concentration; and finally, such patterns will be …
Persistent link: https://www.econbiz.de/10011647664
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Concentrating on the fall of the labor share
Autor, David H.; Dorn, David; Katz, Lawrence F.; … - 2017
al. (2017), we evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among … firms within industries has risen across much of the private sector; and industries with larger increases in concentration …
Persistent link: https://www.econbiz.de/10011612751
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Silent Interests and All-Pay Auctions
Konrad, Kai A. - 2005
If firms compete in all-pay auctions with complete information, silent shareholdings introduce asymmetric externalities into the allpay auction framework. If the strongest firm owns a large share in the second strongest firm, this may make the strongest firm abstain from bidding. As a...
Persistent link: https://www.econbiz.de/10010296367
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Comparative advantage and skill-specific unemployment
Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment effects of trade liberalization. We show that the...
Persistent link: https://www.econbiz.de/10010265247
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Unemployment in an interdependent world
Felbermayr, Gabriel; Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10010265248
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Unemployment in an interdependent world
Felbermayr, Gabriel J.; Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10010266008
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Comparative advantage and skill-specific unemployment
Larch, Mario; Lechthaler, Wolfgang - 2009
We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment effects of trade liberalization. We show that the...
Persistent link: https://www.econbiz.de/10010266011
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Digital piracy: Theory
Belleflamme, Paul; Peitz, Martin - 2010
This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the...
Persistent link: https://www.econbiz.de/10010274976