Showing 1 - 4 of 4
-setting power) and (iii) revenue productivity. We apply this framework to analyze whether the pricing behavior of firms in product …
Persistent link: https://www.econbiz.de/10012940834
Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections...
Persistent link: https://www.econbiz.de/10013138258
This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012842037
This paper examines how productivity effects of human capital and innovation vary at different points of the … conditional productivity distribution. Our analysis draws upon two large unbalanced panels of 6,634 enterprises in Germany and 14 … are more dispersed in the Netherlands.In both countries, we observe non-linearities in the productivity effects of …
Persistent link: https://www.econbiz.de/10013035179