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...
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Beste egile batzuk: | , |
Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2019.
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Saila: | IMF Working Papers; Working Paper ;
No. 2019/233 |
Sarrera elektronikoa: | Full text available on IMF |