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Concentration in international markets : evidence from US imports
Bonglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2019
We use transaction-level data to study changes in the concentration of US imports. Concentration has fallen in the typical industry, while it is stable by industry and country of origin. The fall in concentration is driven by the extensive margin: the number of exporting firm has grown, and the...
Persistent link: https://www.econbiz.de/10011979247
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A deeper analysis on pharmaceutical submarket concentration : the US market in 1987-1998
Di Iorio, Francesca; Giorgetti, Maria Letizia - 2017
Persistent link: https://www.econbiz.de/10011765417
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The impact of industry consolidation on government procurement : evidence from DoD contracting
Duggan, Mark G.; Carril, Rodrigo - 2018
Persistent link: https://www.econbiz.de/10011898880
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The visible hand : the role of government in China's long-awaited industrial revolution
Fortier, George E.; Wen, Yi - 2016
fundamental mechanisms behind China's rapid industrialization. This article reviews the New Stage Theory of economic development … Xiaoping in 1978: namely, small-scale commercialized agricultural production, proto-industrialization in the countryside, a …'s economic rise is that the extent of industrialization is limited by the extent of the market. One of the key strategies behind …
Persistent link: https://www.econbiz.de/10011539803
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The founding of the Federal Reserve, the Great Depression and the evolution of the U.S. interbank network
Jaremski, Matthew; Wheelock, David C. - 2019
Financial network structure is an important determinant of systemic risk. This paper examines how the U.S. interbank network evolved over a long and important period that included two key events: the founding of the Federal Reserve and the Great Depression. Banks established connections to...
Persistent link: https://www.econbiz.de/10011997897
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Distributional consequences of capital accumulation, globalisation and financialisation in the US
Karanassou, Marika; Sala, Hector - 2017
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution in the US over the 1968-2014 period. We show that the labour share is affected negatively by personal inequality, capital intensity and...
Persistent link: https://www.econbiz.de/10011756104
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The promise and performance of the Federal Reserve as lender of last resort 1914-1933
Bordo, Michael D.; Wheelock, David C. - 2010
Persistent link: https://www.econbiz.de/10008668604
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Does the structure of banking markets affect economic growth? : evidence from U.S. State banking markets
Mitchener, Kris; Wheelock, David C. - 2010
Persistent link: https://www.econbiz.de/10003935739
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Did doubling reserve requirements cause the recession of 1937-1938? : a microeconomic approach
Calomiris, Charles W.; Mason, Joseph R.; Wheelock, David C. - 2011
In 1936-37, the Federal Reserve doubled the reserve requirements imposed on member banks. Ever since, the question of whether the doubling of reserve requirements increased reserve demand and produced a contraction of money and credit, and thereby helped to cause the recession of 1937-1938, has...
Persistent link: https://www.econbiz.de/10008841012
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Distributional consequences of capital accumulation, globalisation and financialisation in the US
Karanassou, Marika; Sala, Hector - 2012
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10009562971