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Rising Markups or Changing Technology?

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NBER2022-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30491
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Recent evidence suggests the U.S. business environment is changing, with rising market concentration and markups. The most prominent and extensive evidence backs out firm-level markups from the first-order conditions for variable factors. The markup is identified as the ratio of the variable factors
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2022-09-01
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