When: March 18-19, 2019
Where: EIB Headquarters – 100, Boulevard Konrad Adenauer, Luxembourg
Organising committee: Filippo di Mauro (CompNet)
Romain Duval (IMF)
Debora Revoltella (EIB)
From Micro to Macro: Market Power, Firms’ heterogeneity and Investment
In the last decades the global economy witnessed several secular macroeconomic trends including a slowdown of aggregate output growth, persistently low investment rates, declining labor shares and rising inequality. The causes for these trends, although intensively debated, remain uncertain.
Against this backdrop, we ask whether and to what extent the rising market power of certain firms and, more broadly, the heterogeneity at the firm level, matter for these aggregate outcomes. How have market power and competition among firms changed over time? How do input and output market structures, and particularly their effects on misallocation and innovation, affect economywide productivity growth, inequality, factor compensation and welfare? What does the presence of “superstar” firms imply for aggregate outcomes and the political economy? How do international competition and technological change affect market power, inequality, investment decisions and aggregate productivity growth? Is market selection at the product/firm level functioning? If not, what are the obstacles to it and what are the implications for macro level outcomes, notably for investment? Do concentration and market power have a significant impact on investment decision of firms and on aggregate investment?
We are happy to announce the preliminary program of the conference.
When: 17-19 May, 2019
When: Stephen M. Ross School of Business, University of Michigan, Ann Arbor, Michigan, USA
On May 17-19, 2019, the Comparative Analysis of Enterprise Data (CAED) will hold its 15th conference on research using enterprise microdata. The conference will be held in Ann Arbor, Michigan. It promotes scientific research using enterprise microdata on a variety of topics and from different (and inter) disciplinary approaches. The conference is a unique meeting point for producers and users of these data, including as statisticians, survey methodologists, economists and econometricians, sociologists and other social scientists. It is also an opportunity for policymakers to acquaint themselves with the newest research results and policy evidence and evaluation in this rapidly expanding field.
The conference will feature keynote presentations by Eric Bartelsman (Tinbergen Institute), John Haltiwanger (University of Maryland) and Nina Pavcnik (Dartmouth College). The call for papers has expired on January 31st.
For further information about the conference, please visit the University of Michigan website.