In this paper, I use firm-level data from Compustat to document the evolution of markups among listed U.S. non … obfuscates that firms with low pre-pandemic markups command notable markup growth in both 2021 and 2022. Third, I document key … accounts of profit inflation, wherein U.S. firms' market power allowed them to maintain - and, for some firms, increase - their …

' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …

model presents a 'price rule' for government spending that ensures that the ELR is not a source of inflation. Indeed, the … ; Income Transfers ; Investment Subsidies ; Direct Job Creation ; Employer of Last Resort ; Inflation ; Income Distribution …

inflation target, says a new report from the C.D. Howe Institute.In “Monetary Policy, Income Inequality, and Inflation — What … and inflation in Canada, and explore why and how inflation plays a role …

This paper examines the effects of inflation and associated financial instability on income distribution. Using both … pooled cross country and single country time series models, the level of inflation, inflation variability, and the … measures of income distribution, the issue as to whether inflation is a progressive or regressive tax is found to be negatively …

In this paper, we examine how economic shocks affect the distribution of household inflation expectations. We show that … the dynamics of households' expected inflation distributions are driven by three distinctive functional shocks, which … influence the expected inflation distribution through disagreement, level shift and ambiguity. Linking these functional shocks …

increase in inflation in the US and elsewhere. Much has been made of this outcomes, and the economic distress associated with … it, in popular discussion of the economy. This paper provides a Kaleckian conflicting-claims analysis of inflation during …-setting behaviour as sources of inflationary pressure. A key conclusion that arises from the co-determination of inflation and …

-Keynesian conflict inflation and distribution theory: the Blecker/Setterfield (2019) and Lavoie (1992, 2022) (BSL) model based on Dutt … chiefly centre around the treatment of price inflation expectations ('indexation') and the incorporation of bargaining power … in wage- and price-inflation equations. BSL variants generally yield stable price Phillips curves, stable distribution …

In this paper, we propose a new methodology for decomposing consumer price inflation into contributions of cost …) derived from an input-output table with quarterly national accounts data. This allows to decompose HICP inflation into … detailed cost components including imports. We apply the approach to Austria and analyze the composition of inflation for the …

then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative …This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation …-are discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and …