annum. The most substantial impact on inflation arises, however, from the role of lower markups in reducing the inflation … markups. Using disaggregated data for EU manufacturing over the period 1988-2000 we find increased openness exerts a negative … and significant impact on sectoral prices. Increased openness lowers prices by both reducing markups and raising …

networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …

Estimating markups has a long tradition in industrial organization and international trade. Economists and policy … by markups. The empirical methods that were developed in empirical industrial organization often rely on the availability … detailed data, but still need an assessment of whether changes in the operating environment of firms had an impact on markups …

Researchers typically invoke theoretical assumptions to estimate mark-ups. Instead, we directly obtain mark-ups by … surveying Pakistani soccer-ball producers. We document six facts: (1) Mark-ups are more dispersed than costs; (2) Mark-ups and … increase with size because larger firms use higher-quality inputs; (5) Larger firms charge higher mark-ups because they have …

sectoral regional inflation rates and exhibits much less volatility than previous findings for the US indicate. We further …

inflation and the difficulties of East European central banks in pursuing non-inflationary policies. The main obstacles are the …

situation poses to price stability. We propose to regard the central banker as a risk manager who aims to contain inflation …