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 …

nominal interest and inflation rates. For close to a decade the principal focus of monetary policy has been on inflation … consideration, but at other times inflation control has been the major objective. We argue that this concentration on inflation has …

This paper considers the existence of a path of GDP corresponding to steady inflation in the prices of domestic goods …. We estimate the steady inflation rate of growth, denoted the SIRG, at a little over 4 per cent per annum in the post …-float period. Changes in inflation are modelled as a nonlinear combination of growth and changes in import price inflation. Because …