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Wedges: A Microeconomic Perspective on Misallocation

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NBER2026-02-01 更新2026-02-07 收录
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https://www.nber.org/papers/w34756
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资源简介:
This chapter takes stock of what has been learned from the recent micro-development literature about wedgesmechanisms generating dispersion in marginal revenue products of factors across firms, which are commonly interpreted as indicators of misallocation. We present a general theoretical framework
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2026-02-01
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