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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Gutierrez, German
Rannpháirtithe: Jones, Callum, Philippon, Thomas
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2019.
Sraith:IMF Working Papers; Working Paper ; No. 2019/233
Rochtain ar líne:Full text available on IMF