• The decline of the labor share: new empirical evidence 

      Bergholt, Drago; Furlanetto, Francesco; Faccioli, Nicolò Maffei (Working Paper;18/2019, Working paper, 2019)
      We estimate a structural vector autoregressive model in order to quantify four main explanations for the decline of the US labor income share: (i) rising market power of firms, (ii) falling market power of workers, (iii) ...
    • OPEC's Market Power: An Empirical Dominant Firm Model for the Oil Market 

      Golombek, Rolf; Irarrazabal, Alfonso; Ma, Lin (Working Papers;3/2014, Working paper, 2014)
      In this paper we estimate a dominant firm-competitive fringe model for the crude oil market using quarterly data on oil prices for the 1986-2009 period. All the estimated structural parameters have the expected sign and ...
    • Risk-based pricing in competitive lending markets 

      Müller, Carola; Juelsrud, Ragnar; Andersen, Henrik (Working paper;19/2021, Working paper, 2021)
      We use unique data on banks' private risk assessments of corporate borrowers to quantify how competition among banks affect the risk sensitivity of interest rates in the Norwegian credit market. We show that an increase ...