Hamid Firooz
hamid-firooz.bsky.social
Hamid Firooz
@hamid-firooz.bsky.social
Visiting Fellow @ San Francisco Fed; International economics, market power, macro-labor, firm dynamics.
https://sites.google.com/view/hamidfirooz
1/ A thread on “Automation and the Rise of Superstar Firms” recently published @ Journal of Monetary Economics. Link to the paper:
drive.google.com/file/d/1KvVA...
Summary: The rise in automation in the past two decades explains ~50% of the rise in sales concentration in the US ...
June 4, 2025 at 3:32 AM
1/ A thread on “The Pro-Competitive Consequences of Trade in Frictional Labor Markets” published @jintlecon.bsky.social. Link to the paper:
drive.google.com/file/d/1gNpO...
Summary: Taking variable markups into account in frictional labor markets reduces the gains from trade liberalization by 80%.
April 25, 2025 at 3:37 AM