Brexit, Its Economic Impact, and International Disintegration with Thomas Sampson

My guest today is Thomas Sampson of the London School of Economics.

Our topic for today is the economic impact of Brexit. Long-time listeners will recall that I did an interview with Sam Bowman on Brexit immediately after the vote occurred. Think of this as a follow-up to that episode now that the dust has settled and we have a better idea of what Brexit is going to look like. Thomas has written multiple papers on the subject, including Brexit: The Economics of International Disintegration, which is forthcoming in the Journal of Economic Perspectives. Its abstract follows: (more…)

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Markups, Market Concentration, and Monopolistic Competition with Karl Smith

My guest today is Karl Smith, he is the director of economic research at the Niskanen center.

Our topic for today will be market power. Karl has written a series of posts on the Niskanen center blog discussing markups and market power. The debate was sparked by a paper by Loecker and Eeckhout that claimed that average markups in the American economy had risen from 18 percent in 1980 to 67 percent today. (more…)

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The post Markups, Market Concentration, and Monopolistic Competition with Karl Smith appeared first on The Economics Detective.

Markups, Market Concentration, and Monopolistic Competition with Karl Smith

My guest today is Karl Smith, he is the director of economic research at the Niskanen center.

Our topic for today will be market power. Karl has written a series of posts on the Niskanen center blog discussing markups and market power. The debate was sparked by a paper by Loecker and Eeckhout that claimed that average markups in the American economy had risen from 18 percent in 1980 to 67 percent today. (more…)

Subscribe to Economics Detective Radio on iTunes, Android, or Stitcher.

The post Markups, Market Concentration, and Monopolistic Competition with Karl Smith appeared first on The Economics Detective.