06
14:15 - 15:45
IWH Research Seminar
FEB
2023
14:15 - 15:45
Quantifying Market Power and Business Dynamism in the Macroeconomy
We propose a general equilibrium model with oligopolistic output markets where two channels can cause a change in market power: (i) technology, via changes to productivity shocks and the cost of entry, (ii) market structure, via changes to the number of potential competitors.
Who
(Universitat Pompeu Fabra, Barcelona)