J2

Renjie Bao · Jan De Loecker · Jan Eeckhout

This paper asks whether managers are paid for market power. Bao, De Loecker, and Eeckhout build a general equilibrium model in which firms compete oligopolistically in goods markets (following Atkeson …

David Berger · Kyle Herkenhoff · Simon Mongey

Overview Research question. Can minimum wages improve welfare through efficiency — by correcting monopsony-driven under-employment — and, if so, by how much? What is the optimal minimum wage, and how …

Emanuele Colonnelli · Valdemar Pinho Neto · Edoardo Teso

Layer 1 — Overview Research Question Do individual political views shape firm behavior and labor market outcomes in the private sector? Specifically, do business owners sort copartisan workers into …