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This paper presents a detailed study that reassesses potential output in the Kyrgyz Republic in light of recent structural changes and external shocks, including the pandemic and the regional conflict ...
Simon also suggested that the good statistical fits to production functions could be derived from a markup pricing model, but he did not follow this up. We show that this can indeed account for the ...
The labor share has been declining in the United States, and especially so in manufacturing. This paper investigates the role of capital accumulation and market power in explaining this decline. I ...
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