mercado. ; A recent literature documents a secular increase in the sales-weighted markups in the United States, a phenomenon … paper documents the behavior of markups in Spain before, during, and in the aftermath of the Great Recession. We document … that markups rose during the financial crisis. Unlike in the U.S., these dynamics were led by small firms: in response to a …

intrasectoriales ; We broaden the conceptual framework of estimating markups at the sectoral level developed by Roeger (1995), and …, firms with higher productivity present higher markups. Further, we use this empirical setting to estimate changes in firm …-level markups over the course of the crisis (2008/2012). Our results indicate that for around 50% of sectors average markups …

capital-market imperfections in which price-cost markups behave countercyclically, with a subsample of European firms …. Results show that firms subject to financial constraints had a significantly higher probability of raising markups than in a …

variation of average markups and the persistence in the reactions to nominal and real shocks. These results are achieved by …-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is …

explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …

involving changes in the inflation and monetary-policy regimes: the move to floating exchange rates following the breakdown of … throughout the industrialized world a decade later. In the case of the float, inflation which had been rising since the mid-1960s …. Following the shifts to less expansive domestic policy, inflation peaked in most of those same countries and has continued to …