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Platform-Mediated Competition

By Quitzé Valenzuela-Stookey

American Economic Journal: Microeconomics

In many markets the interaction between individuals and competing firms is mediated by a strategic platform. A defining feature of modern platforms is their extensive ability to control interactions. To understand such markets, I incorporate within-sid...

Reskilling and Resilience

By Anders Humlum and Pernille Plato

American Economic Review: Insights

This paper shows that effective reskilling substantially reduces antidepressant use among injured workers and their partners. Exploiting institutional variation in access to higher education following work accidents in Denmark, we find that reskilling ...

Nature, Nurture, and Socioeconomic Outcomes: New Evidence from Sib Pairs and Molecular Genetic Data

By Gareth Markel, Rafael Ahlskog, Joakim Coleman Ebeltoft, René Mõttus, Sven Oskarsson, Uku Vainik, Eivind Ystrom, and Jonathan Pierre Beauchamp

American Economic Review: Insights

First Law is that siblings' genetic relatedness varies randomly (with a mean of 50%). We use molecular genetic data to compute the genetic relatedness of ~80,000 sib pairs. We then compare the pairs' genetic relatedness to their similarity on 15 socioecon...

Resetting the Innovation Clock: Endogenous Growth through Technological Turnover

By Philippe Aghion, Antonin Bergeaud, Timo Boppart, and Jean-Félix Brouillette

American Economic Review: Insights

We propose a model of endogenous economic growth with “weak” scale effects and diminishing returns to innovation at the micro level. In our model, entrants introduce new technologies through research and incumbents incrementally improve them throug...