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A Competitive Theory of Monopoly Unionism
Lazear, Edward P. - 1981
This paper sets up a microeconomic theory of labor unions. It discusses their formation and goals, their hierarchical structure, and the nature of rent distribution. The theory provides predictions for the probability that an industry or occupation will be unionized, the proportion of that...
Persistent link: https://www.econbiz.de/10012478449
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Antitrust
Kaplow, Louis - 2007
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10012465789
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Legal Monopoly : Patents and Antitrust Litigation in U.S. Manufacturing, 1970-1998
Khan, B. Zorina - 1999
This paper presents an empirical analysis of the relationship between patenting, innovation, and federal antitrust enforcement towards firms in the manufacturing sector. I examine whether the likelihood of antitrust litigation is influenced by patent histories and R&D expenditures, after...
Persistent link: https://www.econbiz.de/10012471728
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Kaldor and Piketty’s Facts : The Rise of Monopoly Power in the United States
Eggertsson, Gauti B. - 2018
The macroeconomic data of the last thirty years has overturned at least two of Kaldor's famous stylized growth facts: constant interest rates, and a constant labor share. At the same time, the research of Piketty and others has introduced several new and surprising facts: an increase in the...
Persistent link: https://www.econbiz.de/10012453427
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The Value of Pharmacy Benefit Management
Mulligan, Casey B. - National Bureau of Economic Research - 2022
benefit management on behalf of insurance plans serves these and other purposes in both monopoly and oligopoly provider …
Persistent link: https://www.econbiz.de/10013334448
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Schooling Externalities, Technology and Productivity : Theory and Evidence from U.S. States
Iranzo, Susana - 2006
The recent literature on local schooling externalities in the U.S. is rather mixed: positive external effects of … average education levels are hardly to be found but, in contrast, positive externalities from the share of college graduates … effect) of college educated workers. By contrast, as no externalities are associated with the traditional technology, high …
Persistent link: https://www.econbiz.de/10012466224
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The Role of External Economies in U.S. Manufacturing
Caballero, Ricardo J. - 1989
This paper develops a method for joint estimation of both the degree of internal returns to scale and the extent of external economies. We apply the method in estimating returns to scale indexes for U.S. manufacturing industries at the two-digit level. Overall, we find that only three of the...
Persistent link: https://www.econbiz.de/10012476015
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Cooling Externality of Large-Scale Irrigation
Braun, Thomas; Schlenker, Wolfram - National Bureau of Economic Research - 2023
distribution by up to 3C (5F) during the month of August, which has positive externalities on downwind crop yields ($120 million …
Persistent link: https://www.econbiz.de/10014226163
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Externalities of Policy-Induced Scrappage : The Case of Automotive Regulations
Forsythe, Connor R.; Jha, Akshaya; Michalek, Jeremy J.; … - National Bureau of Economic Research - 2022
Many transportation policies indirectly affect vehicle travel and resulting externalities by inducing changes in …
Persistent link: https://www.econbiz.de/10013435108
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The Impact of Climate Change on Mortality in the United States : Benefits and Costs of Adaptation
Deschênes, Olivier - National Bureau of Economic Research - 2022
This paper reviews and extends the recent empirical literature on the impact of climate change on mortality and adaptation in the United States. The analysis produces several new facts. First, the reductions in the impact of extreme heat on mortality risk previously documented up to 2004 have...
Persistent link: https://www.econbiz.de/10013334499