www.TheProfitParadox.com
Princeton University Press, June 2021
ERC Advanced Grant
Market Power
1.6 million €
News
The Profit Paradox. How Thriving Firms Threaten the Future of Work
Princeton University Press, June 2021.
Visit www.TheProfitParadox.com for more information and for the data used in the book. Here are some opinions:
"Provocative, ambitious, and pitch-perfect for this moment. Eeckhout shows how the rise of mega-profitable superstar corporations makes us all poorer.” — David Autor, MIT
“A vivid, comprehensive account of the causes and consequences of the recent rise of market power written by a world-renowned expert in the field, The Profit Paradox combines deep economic insight with examples from everyday life that will captivate nonspecialist audiences as much as economists.” — Pinelopi Goldberg, Yale University, former Chief Economist of the World Bank
“The Profit Paradox is a timely and valuable addition to the national conversation on monopolies and competition. Jan Eeckhout does a masterful job of linking long-running macroeconomic trends to the lives of individual workers and consumers. The book is one of the first clear and engaging explanations of how many of the most problematic features of the modern economy are causally related.” — Fiona Scott Morton, Yale University
PUBLICATIONS
The Rise of Market Power and the Macroeconomic Implications
J. De Loecker, J. Eeckhout, G. Unger
Quarterly Journal of Economics 135(2), 2020, 561-644 (lead article)
BibTex · presentation · replication data · online appendix · NBER 2017 version
Media: Economist · WSJ · FT · NYT · Bloomberg · Reuters · Quartz · HBR · Pro Market · Noahpinion · Marginal Revolution · Growth Economics · Vox · NYT (2018)
Competing Teams
H. Chade, J. Eeckhout
Review of Economic Studies 87(3), 2020, 1134-1173
BibTex · presentation
Unemployment Cycles
J. Eeckhout, I. Lindenlaub
American Economic Journal: Macroeconomics 11(4), 2019, 175-234
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Assortative Matching with Large Firms
J. Eeckhout, P. Kircher
Econometrica 86(1), 2018, 85-132
BibTex · presentation
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
BibTex
Common Value Experimentation
J. Eeckhout, X. Weng
Journal of Economic Theory 160, 2015, 317-339
BibTex
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
BibTex
Bargaining over Public Goods
J. Dávila, J. Eeckhout, C. Martinelli
Journal of Public Economic Theory 11(6), 2009, 927-945
BibTex
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
BibTex
Indeterminacy and Directed Search
M. Coles, J. Eeckhout
Journal of Economic Theory 111, 2003, 265-276
BibTex
Knowledge Spillovers and Inequality
J. Eeckhout, B. Jovanovic
American Economic Review 92(5), 2002, 1290-1307
BibTex
Bilateral Search and Vertical Heterogeneity
J. Eeckhout
International Economic Review 40, 1999, 869-888
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Educational Mobility: the Effect on Efficiency and Distribution
J. Eeckhout
Economica 66, 1999, 317-333
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COMMENTARY
Book Review: The Great Reversal, by Thomas Philippon
J. Eeckhout
Journal of Economic Literature, forthcoming, 2021
BibTex
Comment on: Diverging Trends in National and Local Concentration
By E Rossi-Hansberg, P Sarte, N Trachter
J. Eeckhout
NBER Macroeconomics Annual 35, forthcoming, 2021
BibTex
WORKING PAPERS
The Effect of Wealth on Worker Productivity
J. Eeckhout, A. Sepahsalari
R&R Review of Economic Studies
BibTex · presentation
Wealth, Marriage, and Sex Selection
G. Borker, J. Eeckhout, N. Luke, S. Minz, K. Munshi, S. Swaminathan
R&R Review of Economic Studies
BibTex · presentation
Quantifying Market Power and Business Dynamism in the Macroeconomy
J. De Loecker, J. Eeckhout, S. Mongey
BibTex
Urban Job Polarization. How IT has increased Inequality within and between Cities
J. Eeckhout, C. Hedtrich, R. Pinheiro
BibTex
Optimal Spatial Taxation: Are Big Cities too Small?
UNPUBLISHED
PEOPLE
Korie Amberger
former ERC postdoc, UPF
Simon Mongey, Chicago
co-author
Elena Cassanovas, UPF
ERC research assistant
Aseem Patel, Sciences Po
Ph.D. Student
Wei Hua, LBS
Ph.D. student
Gabriel Unger, Harvard
Ph.D. student
Milena Djourelova, UPF
Ph.D. student
Jan De Loecker, Leuven
co-author
Renjie Bao, UPF
ERC research assistant
Patricia de Cea, EUI Florence
Ph.D. student
Hector Chade, ASU
co-author
Ian Hsieh, UPF
ERC research assistant
David Puig, UPF
Ph.D. student
Melvyn Coles, Essex
co-author
Larry Warren, Census
co-author
Federica Daniele
Banca d'Italia
Shubhdeep Deb, UPF
Ph.D. Student
Julio Dávila, Louvain
co-author
Ines Xavier, UPF
Ph.D. student
Julia Faltermeier, IMF
Economist
Nezih Guner, CEMFI
co-author
Christoph Hedtrich, Uppsala
co-author
Boyan Jovanovic, NYU
co-author
Philipp Kircher, EUI FLorence
co-author
Ilse Lindenlaub, Yale
co-author
Akhil Lohia
former ERC research assistant
César Martinelli, GMU
co-author
Thomas Minten, LSE
Ph.D. student LSE
Adrià Morrón-Salmerón, Caixa Bank
former Ph.D. student
Kaivan Munshi, Cambridge
co-author
Nicola Persico, Kellogg
co-author
Roberto Pinheiro, Cleveland Fed
co-author
Kurt Schmidheiny, Basel
co-author
Aliresah Sephasalari, Bristol
co-author
Lones Smith, Wisconsin
co-author
Petra Todd, UPenn
co-author
