The price of power: why rising markups hurt innovation and widen inequality
Giammario Impullitti and
Pontus Rendahl
CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE
Abstract:
Over the past four decades, the United States has seen rising market power, slowing productivity growth and deepening wealth inequality. Giammario Impullitti and Pontus Rendahl explore how declining competition may be the common culprit.
Keywords: market power; growth; heterogeneous agents; wealth distribution (search for similar items in EconPapers)
Date: 2025-06-20
References: Add references at CitEc
Citations:
Downloads: (external link)
https://cep.lse.ac.uk/pubs/download/cp702.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cep:cepcnp:702
Access Statistics for this paper
More papers in CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE
Bibliographic data for series maintained by ().