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Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This...
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employer-employee data on 60,294 employees working in 9,849 firms over the period 1984-2001 in France, we quantify industry …
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