with knowledge diffusion policies, particularly those favoring advanced technology adoption by small firms. In this case …

markups over time. With minimal assumptions, we can disentangle aggregate markup and trade cost changes from observed changes … that across all country pairs, on average, bilateral aggregate markups have increased by 2.8% per year. As bilateral trade … changes. Markups have increased less in high-income countries than in other countries. …

This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product … corporations in the USA, using publicly-available data. Using the model, I compute firm-level markups and decompose them into: 1) a …

technology shocks in explaining aggregate fluctuations. To this end we estimate the model's posterior density using Markov …

Using firm-level survey data for the West German manufacturing sector, this paper revisits the technology …-driven business cycle hypothesis for the case of aggregate investment. We construct a survey-based measure of technology shocks to … gauge their contribution to short-run investment fluctuations. We estimate an upper bound for the contribution of technology …

This paper proposes a theoretical framework to analyze the impacts of credit and technology shocks on business cycle … different realizations of firm specific technology shocks, possibly leading to default by some firms. The paper advances a new … financial institutions in the transmission of credit and technology shocks to the real economy. A positive credit shock, defined …

document that while firms mainly grow by selling to more customers, their markups are only associated with their average sales … customer acquisition and variable markups. Relative to a model without customer acquisition, our model generates higher …