Browsing Recerca: working papers, preprints, informes, etc. by Author "Eeckhout, Jan"

Now showing items 1-4 of 4

Are managers paid for market power?

Bao, Renjie; de Loecker, Jan; Eeckhout, Jan (2022-04-01)

To answer the question whether managers are paid for market power, we propose a theory of executive compensation in an economy where firms have market power, and the market for managers is competitive. We identify two ...
Heterogeneity as a coordination device

Coles, Melvyn G.; Eeckhout, Jan (2000-02-01)

A model of directed search with a finite number of buyers and sellers is considered, where sellers compete in direct mechanisms. Buyer heterogeneity and Nash equilibrium results in perfect sorting. The restriction to ...
Optimal taxation and market power

Eeckhout, Jan; Fu, Chunyang; Li, Wenjian; Weng, Xi (2021-04-01)

Should optimal income taxation change when firms have market power? The recent rise of market power has led to an increase in income inequality and a deterioration in efficiency and welfare. We analyze how the planner can ...
Quantifying market power and business dynamism in the macroeconomy

de Loecker, Jan; Eeckhout, Jan; Mongey, Simon (2021-04-29)

We propose a general equilibrium model with oligopolistic output markets where two channels can cause a change in market power: (i) technology, via changes to productivity shocks and the cost of entry, (ii) market structure, ...

Now showing items 1-4 of 4

Search DSpace

In collaboration with Compliant to Partaking