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Globalization, Markups and U.S. Welfare

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NBER2010-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15749
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This paper is the first attempt to structurally estimate the impact of globalization on markups, and the effect of changing markups on welfare, in a monopolistic competition model. To achieve this, we work with a class of preferences that allow for endogenous markups and firm entry and exit that are
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2010-02-01
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