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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Gutierrez, German
Awduron Eraill: Jones, Callum, Philippon, Thomas
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2019.
Cyfres:IMF Working Papers; Working Paper ; No. 2019/233
Mynediad Ar-lein:Full text available on IMF