Abstract We propose a flexible prices model where endogenous market structures and search and matching frictions in the labor market interact endogenously. The interplay between firms endogenous entry, strategic interactions among producers and labor market frictions represents a strong amplification channel of technology shocks on labor market variables, and helps addressing the unemployment-volatility puzzle. Consistently with U.S. evidence, new firms create a large fraction of new jobs and grow faster than more mature firms, net firms' entry is procyclical and the price mark up is countercyclical. JEL classification: E24, E32, L11
We study the effects of labor market rigidities and frictions on firm-size distributions and dynamic...
We analyze the joint dynamics of prices, productivity, and employment across firms, building a dynam...
We examine empirically and theoretically the joint dynamics of prices, output, employment and wages ...
Abstract We propose a model characterized by strategic interactions among an endogenous number of pr...
We propose a flexible prices model where endogenous market structures and search and matching fricti...
We propose a flexible prices model where endogenous market structures and search and matching fricti...
We propose a flexible prices model where endogenous market structures and search and matching fricti...
We model an industry that supplies intermediate goods in a growing economy. Agents can choose whethe...
We characterize endogenous market structures under Bertrand and Cournot competition in a DSGE model....
We model an industry that supplies intermediate goods in a growing economy. Agents can choose whethe...
We model an industry that supplies intermediate goods in a growing economy. Agents can choose whethe...
We characterise endogenous market structures under Bertrand and Cournot competition in a DSGE model....
Recent U.S. evidence suggests that the response of labor share to a productivity shock is characteri...
Recent U.S. evidence suggests that the response of labor share to a productivity shock is characteri...
This article applies the emerging theory of endogenous market structures to macroeconomic issues thr...
We study the effects of labor market rigidities and frictions on firm-size distributions and dynamic...
We analyze the joint dynamics of prices, productivity, and employment across firms, building a dynam...
We examine empirically and theoretically the joint dynamics of prices, output, employment and wages ...
Abstract We propose a model characterized by strategic interactions among an endogenous number of pr...
We propose a flexible prices model where endogenous market structures and search and matching fricti...
We propose a flexible prices model where endogenous market structures and search and matching fricti...
We propose a flexible prices model where endogenous market structures and search and matching fricti...
We model an industry that supplies intermediate goods in a growing economy. Agents can choose whethe...
We characterize endogenous market structures under Bertrand and Cournot competition in a DSGE model....
We model an industry that supplies intermediate goods in a growing economy. Agents can choose whethe...
We model an industry that supplies intermediate goods in a growing economy. Agents can choose whethe...
We characterise endogenous market structures under Bertrand and Cournot competition in a DSGE model....
Recent U.S. evidence suggests that the response of labor share to a productivity shock is characteri...
Recent U.S. evidence suggests that the response of labor share to a productivity shock is characteri...
This article applies the emerging theory of endogenous market structures to macroeconomic issues thr...
We study the effects of labor market rigidities and frictions on firm-size distributions and dynamic...
We analyze the joint dynamics of prices, productivity, and employment across firms, building a dynam...
We examine empirically and theoretically the joint dynamics of prices, output, employment and wages ...