Similar Search Results

Price-cost mark-ups in the Spanish economy: a microeconomic perspective

Montero, José Manuel; Urtasun, Alberto - Banco de España - 2014

This paper explores the dynamics of price-cost mark-ups using firm-level data, paying particular attention to the crisis period 2008-2011. To this end, we apply the econometric framework developed by Klette (1999) to a comprehensive sample of Spanish non-financial corporations in order to...

Persistent link: https://www.econbiz.de/10010862280

Catching up in total factor productivity through the business cycle : evidence from Spanish manufacturing surveys

Escribano, Alvaro; Stucchi, Rodolfo - Departamento de Economía, Universidad Carlos III de Madrid - 2008

Spain has recently experienced more than a decade of price stability and economic growth however now is showing one of … in economic activity is particularly important in Spain due to the low level and low rates of growth experienced by total … firms in Spain we find those related to human capital, foreign direct investment, and process innovations. We evaluate the …

Persistent link: https://www.econbiz.de/10005417137

Catching up in total factor productivity through the business cycle: Evidence from Spanish manufacturing firms

Escribano, Álvaro; Stucchi, Rodolfo - Instituto de Ciencias Sociales, Instituto Madrileño de … - 2011

After facing more than a decade of price stability and economic growth, Spain is experiencing now one of the most …

Persistent link: https://www.econbiz.de/10009144866

Mark-Up Pricing in Bulgarian Manufacturing

Dobrinsky, Rumen; Nikolov, Boyko; Markov, Nikolay - William Davidson Institute, University of Michigan - 2001

The pricing policy of Bulgarian manufacturing firms is analysed in the paper in the context of the theory of the price-setting behaviour of firms endowed with market power, and more specifically, using the notion of mark-up pricing. Using some recent derivations in the literature, we estimate...

Persistent link: https://www.econbiz.de/10005784599

Mark-ups in the Hungarian Corporate Sector

Halpern, Laszlo; Korost, Gabor - William Davidson Institute, University of Michigan - 2001

One of the major tasks facing a transition economy is to create the competitive environment of a properly functioning market economy. This paper attempts to analyze the relationship of market structure, market imperfections and corporate performance by mark-up pricing. There is clear evidence...

Persistent link: https://www.econbiz.de/10005784806

Productivity and Inflation

Bulman, Tim; Simon, John - Reserve Bank of Australia - 2003

This paper examines the effect of inflation on productivity growth in Australia. Broad historical correlations suggest a negative relationship between inflation and aggregate productivity growth. The low-frequency nature of the relationship, however, means it is difficult to establish...

Persistent link: https://www.econbiz.de/10005423531

The New Keynesian Phillips Curve for a Small Open Economy

Boug, Pål; Cappelen, Ådne; Swensen, Anders Rygh - Statistisk Sentralbyrå, Government of Norway - 2006

The New Keynesian Phillips Curve (NKPC) has become the benchmark model for understanding inflation in modern monetary economics. One reason for the popularity is the microfoundation of the model, which decomposes agents' behaviour into price adjustments and deviations of the price level from its...

Persistent link: https://www.econbiz.de/10004980728

Monopolistic Competition in Switzerland and Mark-up Pricing Over the Business Cycle

Müller, Christian - KOF Swiss Economic Institute, Department of Management, … - 2004

We investigate how firms' market power affects the price level. In our small macro- model we show, that firms - in addition to hypothesised structural mark-up pricing power - may take advantage of favourable business cycle fluctuations. The paper provides empirical evidence for both these...

Persistent link: https://www.econbiz.de/10005731498

Currency Shocks to Export Sales of Importers: A Heterogeneous Firms Model and Czech Micro Estimates

Toth, Peter - Česká Národní Banka - 2013

To what extent can Czech exporters cushion the impact of currency appreciation shocks by using imported intermediates? We apply a partial equilibrium model with firms that are heterogeneous in their productivities. Producers can serve the domestic market, export final goods, or import inputs. In...

Persistent link: https://www.econbiz.de/10010699430

To What Extent Can Czech Exporters Cushion Exchange Rate Shocks through Imported Inputs?

Tóth, Peter - In: Focus on European Economic Integration (2014) 3, pp. 74-93

This paper examines the role of imported inputs in cushioning exchange rate shocks by using a partial equilibrium model of heterogeneous firms. Producers in the model can serve the domestic market, export final goods, import inputs or engage in both exporting and importing. In the model, an...

Persistent link: https://www.econbiz.de/10011185400

1
2
3
4
5
6
7
8
9
10
Next
Last