Details about Chris Edmond

Access statistics for papers by Chris Edmond.

Last updated 2024-04-05. Update your information in the RePEc Author Service.

Short-id: ped23

Working Papers

2023

1. Competition, Markups, and Inflation: Evidence from Australian Firm-level Data
   RBA Annual Conference Papers, Reserve Bank of Australia

2019

2. Unbundling Labor
   2019 Meeting Papers, Society for Economic Dynamics

2018

3. Creating Confusion "Abstract: We develop a model in which a politician seeks to prevent people from making informed decisions. The politician can manipulate information at a cost, but cannot commit to an information structure. The receivers are rational and internalize the politician's incentives. In the unique equilibrium of the game, the receivers' beliefs are unbiased but endogenously noisy. We use this model to interpret the rise of social media. We argue that social media simultaneously (i) improves the underlying, intrinsic precision of the receivers' information but also (ii) reduces the politician's costs of manipulation. We show that there is a critical threshold such that if the costs of manipulation fall enough, the politician is better off and the receivers are worse off, despite the underlying improvement in their information. But if the costs of manipulation do not fall too much, and if the receivers are also sufficiently well coordinated, the manipulation backfires. In this scenario, the politician would want to invest in commitment devices that prevent them from manipulating information."
   Department of Economics - Working Papers Series, The University of Melbourne
4. How Costly Are Markups?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (104)
   See also Journal Article How Costly Are Markups?, Journal of Political Economy, University of Chicago Press (2023) View citations (27) (2023)

2014

5. Competition, Markups, and the Gains from
   Department of Economics - Working Papers Series, The University of Melbourne View citations (7)
   Also in Department of Economics - Working Papers Series, The University of Melbourne (2012) View citations (44)

2013

6. Competition, Markups, and the Gains from International Trade
   Economics Series, Institute for Advanced Studies View citations (11)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (41)
   See also Journal Article Competition, Markups, and the Gains from International Trade, American Economic Review, American Economic Association (2015) View citations (261) (2015)
7. Non-Laplacian Beliefs in a Global Game with Noisy Signaling
   Department of Economics - Working Papers Series, The University of Melbourne
   See also Journal Article Non-Laplacian beliefs in a global game with noisy signaling, Research in Economics, Elsevier (2018) (2018)

2011

8. Aggregate Implications of Micro Asset Market Segmentation
   Department of Economics - Working Papers Series, The University of Melbourne View citations (3)
   Also in 2008 Meeting Papers, Society for Economic Dynamics (2008)
   NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (1)
   See also Journal Article Aggregate implications of micro asset market segmentation, Journal of Monetary Economics, Elsevier (2012) View citations (2) (2012)
9. Information Manipulation, Coordination, and Regime Change
   Department of Economics - Working Papers Series, The University of Melbourne View citations (12)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (19)
   See also Journal Article Information Manipulation, Coordination, and Regime Change, The Review of Economic Studies, Review of Economic Studies Ltd (2013) View citations (169) (2013)

2009

10. Investment and the Real Interest Rate in Business Cycle Models
    2009 Meeting Papers, Society for Economic Dynamics
11. Product diversification, creation and destruction: Micro evidence and aggregate implications
    2009 Meeting Papers, Society for Economic Dynamics

2008

12. Income Dispersion and Counter-Cyclical Markups
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article Income dispersion and counter-cyclical markups, Journal of Monetary Economics, Elsevier (2009) View citations (27) (2009)
13. Sluggish responses of prices and inflation to monetary shocks in an inventory model of money demand
    Staff Report, Federal Reserve Bank of Minneapolis View citations (7)
    See also Journal Article Sluggish Responses of Prices and Inflation to Monetary Shocks in an Inventory Model of Money Demand, The Quarterly Journal of Economics, President and Fellows of Harvard College (2009) View citations (79) (2009)

2007

14. An Integral Equation Representation for Overlapping Generations in Continuous Time
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics
    See also Journal Article An integral equation representation for overlapping generations in continuous time, Journal of Economic Theory, Elsevier (2008) View citations (10) (2008)
15. Asset Prices and the Composition of Consumption
    2007 Meeting Papers, Society for Economic Dynamics
16. Information Revolutions and the Overthrow of Autocratic Regimes
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (3)

2006

17. Income Dispersion, Asymmetric Information and Fluctuations in Market Efficiency
    Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics View citations (5)
    Also in 2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (5)

2005

18. Sticky Demand or Sticky Prices?
    2005 Meeting Papers, Society for Economic Dynamics View citations (2)

2003

19. On the Sluggish Response of Prices to Money in an Inventory-Theoretic Model of Money Demand
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (43)

Journal Articles

2023

1. How Costly Are Markups?
   Journal of Political Economy, 2023, 131, (7), 1619 - 1675 View citations (27)
   See also Working Paper How Costly Are Markups?, NBER Working Papers (2018) View citations (104) (2018)

2021

2. Creating confusion
   Journal of Economic Theory, 2021, 191, (C)

2020

3. Should We Worry about Government Debt? Thoughts on Australia's COVID‐19 Response
   Australian Economic Review, 2020, 53, (4), 557-565 View citations (3)

2018

4. Non-Laplacian beliefs in a global game with noisy signaling
   Research in Economics, 2018, 72, (2), 297-312
   See also Working Paper Non-Laplacian Beliefs in a Global Game with Noisy Signaling, Department of Economics - Working Papers Series (2013) (2013)

2015

5. Competition, Markups, and the Gains from International Trade
   American Economic Review, 2015, 105, (10), 3183-3221 View citations (261)
   See also Working Paper Competition, Markups, and the Gains from International Trade, Economics Series (2013) View citations (11) (2013)

2013

6. Information Manipulation, Coordination, and Regime Change
   The Review of Economic Studies, 2013, 80, (4), 1422-1458 View citations (169)
   See also Working Paper Information Manipulation, Coordination, and Regime Change, Department of Economics - Working Papers Series (2011) View citations (12) (2011)

2012

7. Aggregate implications of micro asset market segmentation
   Journal of Monetary Economics, 2012, 59, (4), 319-335 View citations (2)
   See also Working Paper Aggregate Implications of Micro Asset Market Segmentation, Department of Economics - Working Papers Series (2011) View citations (3) (2011)

2009

8. Income dispersion and counter-cyclical markups
   Journal of Monetary Economics, 2009, 56, (6), 791-804 View citations (27)
   See also Working Paper Income Dispersion and Counter-Cyclical Markups, NBER Working Papers (2008) View citations (4) (2008)
9. Sluggish Responses of Prices and Inflation to Monetary Shocks in an Inventory Model of Money Demand
   The Quarterly Journal of Economics, 2009, 124, (3), 911-967 View citations (79)
   See also Working Paper Sluggish responses of prices and inflation to monetary shocks in an inventory model of money demand, Staff Report (2008) View citations (7) (2008)

2008

10. An integral equation representation for overlapping generations in continuous time
    Journal of Economic Theory, 2008, 143, (1), 596-609 View citations (10)
    See also Working Paper An Integral Equation Representation for Overlapping Generations in Continuous Time, Working Papers (2007) (2007)

2002

11. Self-Insurance, Social Insurance, and the Optimum Quantity of Money
    American Economic Review, 2002, 92, (2), 141-147 View citations (14)

2001

12. Some Panel Cointegration Models of International R&D Spillovers
    Journal of Macroeconomics, 2001, 23, (2), 241-260 View citations (53)

1998

13. International Macroeconomic R&D Spillovers
    Economic Analysis and Policy, 1998, 28, (1), 17-37