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, but had 13 times as much corporate equity. Because ownership is more skewed than consumption, increased mark-ups increase …
Persistent link: https://www.econbiz.de/10011958679
states in Guideline 11 that the structural presumption threshold applies to labor market concentration, while also suggesting …
Persistent link: https://www.econbiz.de/10014335050
prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence …
Persistent link: https://www.econbiz.de/10012169328
In a Walrasian labor market, the labor income share is constant under the assumptions of a Cobb-Douglas production function and perfect competition. Given the observed decline of the labor share in recent decades, this paper relaxes these assumptions, proposes a time-series calculation of the...
Persistent link: https://www.econbiz.de/10009422480
-cost markups), (ii) labor market imperfections (workers' bargaining power during worker-firm negotiations or firm's degree of wage … find export status to be positively correlated with both product market power (markups) and market power consolidated on …
Persistent link: https://www.econbiz.de/10011776033
shocks that increase concentration will also lead to an increase in wage dispersion between firms. Empirically, we use …-tically significant correlation between concentration and between-firm wage inequality, driven by increases in market shares and wages in …
Persistent link: https://www.econbiz.de/10012257969
of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at … market concentration. Top wealth shares have grown substantially, and from 1990 to 2020, there appears to have been an …
Persistent link: https://www.econbiz.de/10014484556
concentration. Our empirical work, drawing on a sample of more than 9000 Asian firms, finds that while BGs are more innovative than …
Persistent link: https://www.econbiz.de/10014230223
market shares and substantial shareholdings, we calculate the impact of common ownership on effective market concentration … concentration by 21 percent. Our estimates imply that if listed firms seek to maximise the value of their investors' portfolios …
Persistent link: https://www.econbiz.de/10012513226
Understanding the economic and social effects of the recent global trends of rising market concentration and market … concentration through the price channel. Using this simple yet novel tool, this paper illustrates the likely distributional effects … of reducing concentration in two markets in Mexico that are known for their high level of concentration: mobile …
Persistent link: https://www.econbiz.de/10012418634