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Quantifying market power and business dynamism in the macroeconomy
De Loecker, Jan; Eeckhout, Jan; Mongey, Simon - 2021
Persistent link: https://www.econbiz.de/10012822115
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Quantifying market power and business dynamism in the macroeconomy
De Loecker, Jan; Eeckhout, Jan; Mongey, Simon - 2021
Persistent link: https://www.econbiz.de/10012814544
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Product differentiation and oligopoly : a network approach
Pellegrino, Bruno - 2023
This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product … excess of 10 US$ trillions (against $3 trillions of profits). Oligopoly lowers total surplus by 11.5% and depresses consumer …
Persistent link: https://www.econbiz.de/10013503368
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Automation, market concentration, and the labor share
Firooz, Hamid; Liu, Zheng; Wang, Yajie - 2022
Persistent link: https://www.econbiz.de/10013269099
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Market power and wage inequality
Deb, Shubhdeep; Eeckhout, Jan; Patel, Aseem; Warren, … - 2022
We propose a theory of how market power affects wage inequality. We ask how goods and labor market power jointly affect …
Persistent link: https://www.econbiz.de/10013466168
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Market power and wage inequality
Deb, Shubhdeep; Eeckhout, Jan; Patel, Aseem; Warren, … - 2022
Persistent link: https://www.econbiz.de/10014306819
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Market power and wage inequality
Deb, Shubhdeep; Eeckhout, Jan; Patel, Aseem; Warren, … - 2022
Persistent link: https://www.econbiz.de/10013380622
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Firm Entry, Endogenous Markups and the Dynamics of the Labor Share
Colciago, Andrea; Rossi, Lorenza - 2012
Recent U.S. evidence suggests that the response of the labor share to a productivity shock is characterized by countercyclicality and overshooting. These findings cannot be easily reconciled with existing business cycle models. We extend the standard model of search and matching in the labor...
Persistent link: https://www.econbiz.de/10010343819
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The decline of labor share and new technology diffusion : implications for markups and monopsony power
Kusaka, Shoki; Okazaki, Tetsuji; Onishi, Ken; Wakamori, … - 2022
Persistent link: https://www.econbiz.de/10014287866
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Optimal taxation and market power
Eeckhout, Jan; Fu, Chunyang; Li, Wenjian; Weng, Xi - 2021
Persistent link: https://www.econbiz.de/10012822119