Fiona Scott Morton
Biographic Data
| ID | 1470684 |
|---|---|
| NAME | Fiona Scott Morton |
| GIVEN NAMES | Fiona Scott |
| FAMILY NAME | Morton |
| SIGNATURE | MORTON F S |
| AFFILIATIONS | Fiona Scott Morton is the Theodore Nierenberg Professor of Economics, Yale School of Management, New Haven, Connecticut. Research Associate, National Bureau of Economic Research, Cambridge, Massachusetts. |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 5 |
| AUTHOR COUNT | 3 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2008 |
| LATEST PUBLICATION YEAR | 2019 |
| H-INDEX | 1 |
Do Increasing Markups Matter? Lessons from Empirical Industrial Organization
This article considers the recent literature on firm markups in light of both new and classic work in the field of industrial organization. We detail the shortcomings of papers that rely on discredited approaches from the "structure-conduct-performance" literature. In contrast, papers based on production function estimation have made useful progress in measuring broad trends in markups. However, industries are so heterogeneous that careful indust…
Markets: State Franchise Laws, Dealer Terminations, and the Auto Crisis
In fall 2008, General Motors and Chrysler were both on the brink of bankruptcy, and Ford was not far behind. As the government stepped in and restructuring began, GM and Chrysler announced their plan to terminate about 2,200 dealerships. In this paper, we first provide an overview of franchising in car distribution, how it came about, and the legal framework within which it functions. States earn about 20 percent of all state sales taxes from aut…
Providing Prescription Drug Coverage to the Elderly: America's Experiment with Medicare Part D
The federal government's Medicare program did not provide general prescription drug coverage for the first 40 years of its existence. Thus, more than 30 percent of the 44 million elderly and disabled beneficiaries of the program lacked insurance coverage for prescribed medications. The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 established a voluntary outpatient prescription drug benefit known as Medicare Part D. This …
Do Increasing Markups Matter? Lessons from Empirical Industrial Organization
This article considers the recent literature on firm markups in light of both new and classic work in the field of industrial organization. We detail the shortcomings of papers that rely on discredited approaches from the "structure-conduct-performance" literature. In contrast, papers based on production function estimation have made useful progress in measuring broad trends in markups. However, industries are so heterogeneous that careful indust…
Providing Prescription Drug Coverage to the Elderly: America's Experiment with Medicare Part D
The federal government's Medicare program did not provide general prescription drug coverage for the first 40 years of its existence. Thus, more than 30 percent of the 44 million elderly and disabled beneficiaries of the program lacked insurance coverage for prescribed medications. The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 established a voluntary outpatient prescription drug benefit known as Medicare Part D. This …
Markets: State Franchise Laws, Dealer Terminations, and the Auto Crisis
In fall 2008, General Motors and Chrysler were both on the brink of bankruptcy, and Ford was not far behind. As the government stepped in and restructuring began, GM and Chrysler announced their plan to terminate about 2,200 dealerships. In this paper, we first provide an overview of franchising in car distribution, how it came about, and the legal framework within which it functions. States earn about 20 percent of all state sales taxes from aut…
Do Increasing Markups Matter? Lessons from Empirical Industrial Organization
This article considers the recent literature on firm markups in light of both new and classic work in the field of industrial organization. We detail the shortcomings of papers that rely on discredited approaches from the "structure-conduct-performance" literature. In contrast, papers based on production function estimation have made useful progress in measuring broad trends in markups. However, industries are so heterogeneous that careful indust…
Economics (3 works) · Business (2 works) · Merger and Competition Analysis (2 works) · Microeconomics (2 works) · Actuarial science (1 works) · Bankruptcy (1 works) · Corporate Finance and Governance (1 works) · Economic growth (1 works) · Finance (1 works) · Firm Innovation and Growth (1 works)