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Journal of Economic Perspectives
IF
6.45
Papers
1777
Papers 1657
1 page of 166 pages (1,657 results)
Newest
Published on 2019in Journal of Economic Perspectives6.45
Alain Béraud2
Estimated H-index: 2
,
Guy Numa (CSU: Colorado State University)
Published on 2019in Journal of Economic Perspectives6.45
Joshua B. Miller (University of Melbourne), Adam Sanjurjo4
Estimated H-index: 4
(University of Alicante)
Published on 2019in Journal of Economic Perspectives6.45
Alvin E. Roth76
Estimated H-index: 76
(Stanford University),
Robert Wilson (Stanford University)
Published on 2019in Journal of Economic Perspectives6.45
Naomi R. Lamoreaux25
Estimated H-index: 25
(NBER: National Bureau of Economic Research)
Published on Jul 10, 2019
Nicholas Bloom4
Estimated H-index: 4
,
John Van Reenan60
Estimated H-index: 60
,
Heidi Williams
Economic theory suggests that market economies are likely to under-provide innovation due to the public good nature of knowledge. Empirical evidence from the US and other advanced economies supports this idea. We summarize the pros and cons of different policy instruments for promoting innovation and provide a basic "toolkit" describing which policies are most effective, based on our reading of the evidence. In the short-run, R&D tax credits or direct public funding seem the most productive, but...
Published on 2019in Journal of Economic Perspectives6.45
Chad Syverson25
Estimated H-index: 25
(U of C: University of Chicago)
Published on Jul 11, 2019
A number of recent papers have argued that US firms exert increasing market power, as measured by their markups of price over marginal cost. I review three of the main approaches to estimating economy-wide markups and show that all are based on the hypothesis of firm cost-minimization. Yet different assumptions and methods of implementation lead to quite different conclusions regarding the levels and trends of markups. I survey the literature critically, and argue that some of the startling find...
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