Entry Costs and the Macroeconomy /

We combine a structural model with cross-sectional micro data to identify the causes and consequences of rising concentration in the US economy. Using asset prices and industry data, we estimate realized and anticipated shocks that drive entry and concentration. We validate our approach by showing t...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Gutierrez, German
مؤلفون آخرون: Jones, Callum, Philippon, Thomas
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/233
الوصول للمادة أونلاين:Full text available on IMF