The “Matthew Effect” and Market Concentration: Search Complementarities and Monopsony Power
收藏NBER2021-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28495
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资源简介：
This paper develops a dynamic general equilibrium model with heterogeneous firms that face search complementarities in the formation of vendor contracts. Search complementarities amplify small differences in productivity among firms. Market concentration fosters monopsony power in the labor market,
提供机构：
美国国家经济研究局
创建时间：
2021-03-01
