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The Fall of the Labor Share and the Rise of Superstar Firms
TLDR
In this paper, the authors analyzed micro panel data from the U.S. Economic Census since 1982 and international sources and document empirical patterns to assess a new interpretation of the fall in the labor share based on the rise of "superstar firms."Citations
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Technology, Market Regulations, and Labor Share Dynamics
TL;DR: In this paper, the authors investigate the causes of the decline in the labor share, exploring the effect of technology vis-a-vis the role of market regulations, namely employment protection legislation, product market regulation, and intellectual property rights (IPR) protection.
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Competition Policy and Data Sharing on Data-driven Markets : Steps Towards Legal Implementation
TL;DR: In this paper, the authors proposed a take down policy to remove access to the work immediately and investigate the claim. But they did not provide details of the claim and did not investigate the content of the work.
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The corporate saving glut and the current account in Germany
TL;DR: In this paper, the authors investigated the positive correlation between the cyclical components of the corporate saving glut in the non-financial corporate sector and the current account surplus from a capital account perspective.
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Is Rising Concentration Hampering Productivity Growth
TL;DR: In this paper, the authors suggest that IT innovation may have facilitated the rise in concentration by reducing the cost for large firms to enter new markets, which contributed to booming productivity growth from 1995 to 2005.
Journal ArticleDOI
Determinants of Economies of Scope in Retail
Florin Maican,Matilda Orth +1 more
TL;DR: In this paper, the determinants of economies of scope and quantifies their impact on the extensive and intensive product margins in retail were studied and a framework based on a multiproduct technology was used to model stores' incentives to expand product variety.
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About Capital in the Twenty-First Century
TL;DR: In this article, the authors present three key facts about income and wealth inequality in the long run emerging from my book, Capital in the Twenty-First Century, and seek to sharpen and refocus the discussion about those trends.
Journal ArticleDOI
The China Syndrome: Local Labor Market Effects of Import Competition in the United States
TL;DR: This paper analyzed the effect of Chinese import competition between 1990 and 2007 on US local labor markets, exploiting cross-market variation in import exposure stemming from initial diffe cerence to US labor markets.
Journal ArticleDOI
Industry Structure, Market Rivalry, and Public Policy
TL;DR: In this article, the authors take a critical view of contemporary doctrine in this area and present data which suggest that this doctrine offers a dangerous base upon which to build a public policy toward business.
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Market Size, Trade, and Productivity
TL;DR: In this article, the authors develop a monopolistically competitive model of trade with firm heterogeneity in terms of productivity differences and endogenous differences in the "toughness" of competition across markets.
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Computing Inequality: Have Computers Changed the Labor Market?
TL;DR: The authors examined the effect of technological change and other factors on the relative demand for workers with different education levels and on the recent growth of U.S. educational wage differentials and found that the increase in demand shifts for more-skilled workers in the 1970s and 1980s relative to the 1960s is entirely accounted for by an increase in within- industry changes in skill utilization rather than between-industry employment shifts.