Giovanni Morzenti

PhD Student at @Unibocconi

[Giovanni Morzenti @MorzentiG]

Want to know more?

▶️ link for my JMP:
https://t.co/JIQNI6SxnP

▶️ link to my webpage:
https://t.co/lO7ljhSV5Y

[Giovanni Morzenti @MorzentiG]

Hi #EconTwitter! This is my JMP 🧵

🚨 Is lax merger policy bad for innovation? 🚨

I have a natural experiment on a relaxation of pre-merger notification rules. (Spoiler Alert) Horizontal mergers lead to 30% less innovation when they are not notified!

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[Giovanni Morzenti @MorzentiG]

@Basile_G @cfumagallipica @PriceTheorist @DeRidderMaarten @cesare_righi @dm_coluccia @juliensauvagnat @NicolaLimodio @nicopavo @FPanunzi @haucap @PonteaEma @TomValletti @florianederer @EU_Competition @FTC @antitrust_it @Caffar3Cristina @BCoeure @Adlc_ @CMAgovUK

[Giovanni Morzenti @MorzentiG]

Can you trust markup estimates?

Yes, you can!

You just need to follow "The Hitchhiker’s Guide to Markup Estimation" w/ @DeRidderMaarten (@LSEEcon) & @Basile_G (@Unibocconi)

[Basile Grassi @Basile_G]

Are firm-level markup estimates unreliable?

They are much better than you may think!

Estimated markups correlate highly with true markups

🚨 "The Hitchhiker’s Guide to Markup Estimation" w/ @DeRidderMaarten (@LSEEcon) & @MorzentiG (@Unibocconi)

https://t.co/vJoPL5KBKY

🧵