id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
blog-dshr-org-6794		DSHR's Blog: Lack Of Anti-Trust Enforcement			.html	text/html	3016	379	74	they developed a model to simulate the impact of companies' rising market power, in conjunction with the assumption that the owners of capital liked to hold financial assets (here, bonds) as a sign of social status. We develop a real business cycle model and show that the rise of market power of the firms in both product and labor markets over the last four decades can generate all of these secular trends. Our results show that a policy of gradually increasing the tax rate from zero to 30 percent over the last 30 years might have been effective in preventing almost 50 percent of buildup in income inequality, credit growth and the increase in the endogenous probability of financial crisis. The authors' tax diverts the excess to agents W, reducing the risk level because they spend it and thus increase the supply of productive, less risky investments. Notice that the authors do not propose anti-trust measures; their model continues to increase the market power of agents K.	./cache/blog-dshr-org-6794.html	./txt/blog-dshr-org-6794.txt