focus on three main indicators of market power in and across countries: namely, the concentration ratios, the markup and the … since the late 1990s, driven largely by Manufacturing. In terms of the debate as to the merits of market concentration, we … find (relying on results for Manufacturing) that firms in sectors which exhibit high concentration, but are categorized as …

of banking sector concentration. Using a local projections framework with 2003-2023 country-level and bank-level data for … the euro area. These results suggest that heterogeneity in the degree of banking sector concentration matters for the …

Survey. All things being equal, financially constrained firms charge higher markups when faced with low demand; this …

components - namely physical TFP, mark-ups, quality and production scale. The new methodology is applied to a panel of EU … in mark-ups. Demand also suffered a conspicuous decline. Our results suggest that non-stressed countries seem to enjoy a … stronger recovery in terms of fundamentals like quantity TFP, demand and mark-ups than stressed countries. Yet, their overall …

250 employees and (iii) that losses are overwhelmingly due to a lower overall capital stock rather than a misallocation of …

the resulting increase in factor misallocation accounts for 20% of the decline in productivity in Portugal in 2012. …

This paper provides estimates of price-marginal cost ratios or markups for 50 sectors in 8 euro area countries and the … sectors in all countries; markup ratios are generally larger than 1. Second, average markups are heterogenous across countries …. Third, markups are heterogeneous across sectors, with services having higher markups on average than manufacturing. Fourth …

oil usage and endogenous price markups. We find that the price markup reacts positively to the ratio of expected …, the rise in price markups induced by an oil disturbance is not found to considerably amplify the inflationary and …

We compute average mark-ups as a measure of market power throughout time and study their interaction with fiscal policy …