Is it feasible to estimate firm-level markups from administrative data? Common methods to
measure markups hinge on a production function estimation, but most datasets do not …

This paper studies the impact of trade liberalization on the heterogeneity of labor market
power among manufacturing firms, which is a potential source of misallocation. The model …

Highlights• The impact of import competition on the Chinese firm pollution emission intensity
is depicted.• The heterogeneous effects are testified based on firms' different productivity.• …

We theoretically and empirically investigate the effect of energy trade access on the
monopoly power of China's power sector. We construct plant-level import and export tariff …

A rapidly growing literature suggests that monopsony power is common in US labor markets.
I examine whether this result generalizes to Europe, where collective bargain ing …

ABSTRACT I study how labor market power affects firm wage differences using German
manufacturing sector firm-level data (1995-2016). In past decades, labor market power …

This paper evaluates the risk of zombification of the French economy during the COVID-19
pandemic crisis, as a result of the unconditional financial support provided to firms by public …

This article examines how collective bargaining through unions and workplace
codetermination through works councils relate to labor market imperfections and how labor …

This paper examines the impact of trade liberalization on firms' product and labor market
power. We estimate the prevalence and intensity of price-cost markups and either wage …

Recent years have witnessed a resurgence of trade protectionism, either vocally used as an
electoral tool or more discretely implemented within WTO rules. On the one hand, the US …