Scalable Demand and Markups
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We study changes in markups across 72 product markets from 2006 to 2018. A growing literature has documented a rise in markups over time using a production function approach; we instead employ the standard microeconomic method, which is to estimate demand and then invert firms first-order pricing
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美国国家经济研究局创建时间:
2023-05-01



