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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Gutierrez, German
Muut tekijät: Jones, Callum, Philippon, Thomas
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2019.
Sarja:IMF Working Papers; Working Paper ; No. 2019/233
Linkit:Full text available on IMF