Zobrazeno 1 - 10
of 72
pro vyhledávání: '"Peter J. Klenow"'
Autor:
Paul Dolfen, Liran Einav, Peter J. Klenow, Benjamin Klopack, Jonathan D. Levin, Larry Levin, Wayne Best
Publikováno v:
American Economic Journal: Macroeconomics. 15:342-370
E-commerce represents a rapidly growing share of consumer spending in the United States. We use transactions-level data on credit and debit cards from Visa, Inc. between 2007 and 2017 to quantify the resulting consumer surplus. We estimate e-commerce
Autor:
Peter J. Klenow
Publikováno v:
Journal of Monetary Economics. 129:119-122
Publikováno v:
Review of Economic Studies.
Growth has fallen in the U.S. amid a rise in firm concentration. Market share has shifted to low labour share firms, while within-firm labour shares have actually risen. We propose a theory linking these trends in which the driving force is falling o
Publikováno v:
Journal of Monetary Economics. 124:S39-S56
The ratio of revenue to inputs differs greatly across plants within countries such as the U.S. and India. Such gaps may reflect misallocation which lowers aggregate productivity. But differences in measured average products need not reflect differenc
Autor:
Huiyu Li, Peter J. Klenow
Publikováno v:
NBER Macroeconomics Annual. 35:245-295
Recent work highlights a falling entry rate of new firms and a rising market share of large firms in the United States. To understand how these changing firm demographics have affected growth, we decompose productivity growth into the firms doing the
Publikováno v:
Econometrica. 87:1507-1541
Entrants and incumbents can create new products and displace the products of competitors. Incumbents can also improve their existing products. How much of aggregate productivity growth occurs through each of these channels? Using data from the U.S. L
This note develops a framework for thinking about the following question: What is the maximum amount of consumption that a utilitarian welfare function would be willing to trade off to avoid the deaths associated with the pandemic? The answer depends
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::809525214b009d5b0cc478adc9ebf01c
https://doi.org/10.3386/w27340
https://doi.org/10.3386/w27340
Autor:
Austan Goolsbee, Peter J. Klenow
Publikováno v:
AEA Papers and Proceedings. 108:488-492
The rise of ecommerce and the contrasts between online and traditional retail pricing behavior have raised questions about potential bias in CPI inflation. Using new data on online transactions, this paper shows that aggregate matched-model inflation
Publikováno v:
American Economic Review. 108:1118-1146
Employment and hours appear far more cyclical than dictated by the behavior of productivity and consumption. This puzzle has been called “the labor wedge” — a cyclical intratemporal wedge between the marginal product of labor and the marginal r
Publikováno v:
National Bureau of Economic Research
Growth has fallen in the U.S., while firm concentration and profits have risen. Meanwhile, labor’s share of national income is down, mostly due to the rising market share of low labor share firms. We propose a theory for these trends in which the d
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a77d066d70fdf969cd79cf3c7be6ec0d
https://doi.org/10.3386/w26448
https://doi.org/10.3386/w26448