The Rise of Market Power and the Macroeconomic Implications
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Note: Paper presented at the RBA's annual conference 'Low Wage Growth', Sydney, 4–5 April 2019.
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- Jan De Loecker & Jan Eeckhout & Gabriel Unger, 2020. "The Rise of Market Power and the Macroeconomic Implications [“Econometric Tools for Analyzing Market Outcomes”]," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(2), pages 561-644.
- Jan De Loecker & Jan Eeckhout, 2017. "The Rise of Market Power and the Macroeconomic Implications," NBER Working Papers 23687, National Bureau of Economic Research, Inc.
- Eeckhout, Jan & De loecker, Jan, 2017. "The Rise of Market Power and the Macroeconomic Implications," CEPR Discussion Papers 12221, C.E.P.R. Discussion Papers.
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More about this item
Keywords
wages; market power; mark-ups; technology; market dynamism; market structure;All these keywords.
JEL classification:
- D2 - Microeconomics - - Production and Organizations
- D4 - Microeconomics - - Market Structure, Pricing, and Design
- E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
- K2 - Law and Economics - - Regulation and Business Law
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
NEP fields
This paper has been announced in the following NEP Reports:- NEP-COM-2019-08-19 (Industrial Competition)
- NEP-IND-2019-08-19 (Industrial Organization)
- NEP-MAC-2019-08-19 (Macroeconomics)
Statistics
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