.Using U.S. NETS data, we present evidence that the positive trend observed in national product-market concentration between …

We study the impact of corporate taxes on barcode-level product prices using linked survey and administrative data. Our …

When experience goods compete, consuming one product can be informative about value for similar untried products. We … spillovers shape demand from the consumers who have trialed the rival product--the potential switchers. In the first period … repeat and switching consumers. Demand-side information spillovers offer an explanation of how competing firms in new product …

ISIC) based on the pre-liberalization distribution of exports by product (5-digit SITC). Using the results of Kehoe and …

We study changes in markups across 72 product markets from 2006 to 2018. A growing literature has documented a rise in … product markets. We find that changes in firms' marginal costs and households' price sensitivity are the primary drivers of …

industrial organization. This has focused empirical attention on markups, the ratios of price to marginal cost in product markets …

We explore how firms respond to downstream product shocks. We find that affected firms increase R&D and make additional … in the intensity and rate of future downstream product shocks. Surprisingly, however, these investments appear to have …

We view sustainability as a requirement that welfare should not be expected to decline over time. We impose this …