While there is widespread evidence of increasing markups in the United States and other developed economies in the last …--measured as price-cost markups--in the six largest Latin American economies from a worldwide perspective. First, average markups … deciles. Third, in contrast to the prediction of most theories about endogenously variable markups, I document a nonlinear …

income, which depends on the joint distribution (across firms) of market power, the labor share, and firms size. Markups …

We propose a theory of how market power affects wage inequality. We ask how goods and labor market power jointly affect …