News

The Rise of Market Power

I have posted the draft of J. De Loecker, J. Eeckhout, ''The Rise of Market Power and the Macroeconomic Implications''.

Media coverage:

The Economist · The Wall Street Journal · Financial Times · NY Times · Bloomberg · Reuters · Quartz · Harvard Business Review · Pro Market · Noahpinion · Marginal Revolution · Growth Economics · The Weeds, Vox Podcast
Video: A funny take on Market Power by John Oliver

Upcoming Seminars

The coming months I give talks at Sciences Po Paris, CEMFI, Carlos III, Singapore (NUS and SMU), Stockholm, Düsseldorf, Oxford, Edinburgh, Santa Barbara, Toronto, Richmond Fed, Bank of Canada, Bank of Norway, HSE Moscow.

New paper: Global Market Power

This paper documents the evolution of markups for 134 countries around the world.

Media coverage:

The Economist (1) · Bloomberg · The Economist (2) · Brookings · Investor's Chronicle · Quartz


Apple 1 Trillion: Market Power?

We plot the markup for Apple together with the market valuation as a share of sales. 1997 is when Steve Jobs joins Apple again. Since then, the market valuation share tracks markups.

Media coverage:

NY Times

PUBLICATIONS

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Assortative Matching with Large Firms

J. Eeckhout, P. Kircher
Econometrica 86(1), 2018, 85-132
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Sorting in the Labor Market

J. Eeckhout
Annual Review of Economics 10, 2018, 1-29
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Matching Information

H. Chade, J. Eeckhout
Theoretical Economics 13, 2018, 377-414
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Sorting Through Search and Matching Models in Economics

H. Chade, J. Eeckhout, L. Smith
Journal of Economic Literature 55(2), 2017, 493-544
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Common Value Experimentation

J. Eeckhout, X. Weng
Journal of Economic Theory 160, 2015, 317-339
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Spatial Sorting

J. Eeckhout, R. Pinheiro, K. Schmidheiny
Journal of Political Economy 122(3), 2014, 554-620
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Diverse Organizations and the Competition for Talent

J. Eeckhout, R. Pinheiro
International Economic Review 55(3), 2014, 625-664
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Occupational Choice and Development

J. Eeckhout, B. Jovanovic
Journal of Economic Theory 147(2), 2012, 657-683
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Identifying Sorting – In Theory

J. Eeckhout, P. Kircher
Review of Economic Studies 78, 2011, 872-906
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Sorting and Decentralized Price Competition

J. Eeckhout, P. Kircher
Econometrica, 78(2), 2010, 539-574
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A Theory of Optimal Crackdowns

J. Eeckhout, N. Persico, P. Todd
American Economic Review 100, 2010, 1104-1135
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Sorting vs Screening: Search Frictions and Competing Mechanisms

J. Eeckhout, P. Kircher
Journal of Economic Theory 145, 2010, 1354-1385
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Matching in Informal Financial Institutions

J. Eeckhout, K. Munshi
Journal of the European Economic Association 8(5), 2010, 947-988
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Gibrat’s Law for (All) Cities: Reply

J. Eeckhout
American Economic Review 99, 2009, 1676-1683
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Bargaining over Public Goods

J. Dávila, J. Eeckhout, C. Martinelli
Journal of Public Economic Theory 11(6), 2009, 927-945
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Competitive Bargaining Equilibrium

J. Dávila, J. Eeckhout
Journal of Economic Theory 139(1), 2008, 269-294
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Minorities and Endogenous Segregation

J. Eeckhout
Review or Economic Studies 73(1) No. 254, 2006, 31-53
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Gibrat’s Law for (All) Cities

J. Eeckhout
American Economic Review 94(5), 2004, 1429-1451
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Indeterminacy and Directed Search

M. Coles, J. Eeckhout
Journal of Economic Theory 111, 2003, 265-276
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Knowledge Spillovers and Inequality

J. Eeckhout, B. Jovanovic
American Economic Review 92(5), 2002, 1290-1307
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On the uniqueness of Stable Marriage Matchings

J. Eeckhout
Economics Letters 2000, 1-8
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Bilateral Search and Vertical Heterogeneity

J. Eeckhout
International Economic Review 40, 1999, 869-888
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WORKING PAPERS

The Rise of Market Power and the Macroeconomic Implications

J. De Loecker, J. Eeckhout
R&R Quarterly Journal of Economics
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Global Market Power

J. De Loecker, J. Eeckhout
BibTex
H. Chade, J. Eeckhout
R&R Review of Economic Studies
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Unemployment Cycles

J. Eeckhout, I. Lindenlaub
Conditional Acceptance American Economic Journal: Macroeconomics
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Stochastic Sorting

H. Chade, J. Eeckhout
BibTex · presentation

Optimal Spatial Taxation: Are Big Cities too Small?

J. Eeckhout, N. Guner
R&R Journal of the European Economic Association
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Wealth, Marriage, and Sex Selection

G. Borker, J. Eeckhout, N. Luke, S. Minz, K. Munshi, S. Swaminathan
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PEOPLE

TEACHING

Topics in Labor Markets (Ph.D.)

syllabus · presentation

Bojos per l’Economía

presentation

Topics in Macro (Undergraduate)

presentation

VIDEO