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"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...
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estimation of our model challenging, because we cannot observe the inputs into her decision process. Nevertheless, we are able to … publicly available sales observations. The key to our analysis is to note that our ability to forecast the entrepreneur … information differ little if we can forecast entrepreneurs' business continuation decisions well. With this information, we can …
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"This paper empirically examines the effects of market size on producers' sizes in retail trade industries with many producers. A robust prediction of oligopoly theory is that larger markets are more competitive and have lower price-cost markups. Because producers in more competitive markets...
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