Labor-Market Power, Deadweight Loss, and Technology Adoption
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Buyer power can induce deadweight loss, but it can also incentivize buyers technology adoption by reducing investment holdup. In this paper, I construct a structural model that incorporates these two opposing forces, and use it to quantify the net welfare effects of employers market power over their
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美国国家经济研究局创建时间：
2022-10-01
