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financial shock, firms in financially weak countries (the periphery) maintain{{p}}cashflows by raising markups--in both domestic … and export markets--while firms in financially strong countries (the core) reduce markups, undercutting their financially …
Persistent link: https://www.econbiz.de/10011932300
sectoral regional inflation rates and exhibits much less volatility than previous findings for the US indicate. We further … role in addition to the sector-specific factors, emphasising heterogeneity of inflation dynamics along different dimensions …
Persistent link: https://www.econbiz.de/10010394236
(Why) do prices and inflation rates differ within the euro area? We study the relevance of a national border for …-level inflation rates differ for only half of the chains. The results highlight the importance of the history-dependent evolution of … distribution networks and of the structure of the sales organization as a driver of price and inflation heterogeneity. …
Persistent link: https://www.econbiz.de/10013552597
-to-consumer ecommerce for prices and inflation in the euro area. It highlights three key results. First, whether online prices and inflation …. Moreover, properly selected online prices track official inflation indices even in real time. Second, the effect of e …-commerce on inflation appears to be transient and differs between countries. However, as the penetration of some markets is still …
Persistent link: https://www.econbiz.de/10014316098
-chain pressures eased, these firms were able to further increase markups due to the stickiness of inflation expectations. The …We document how supply-chain pressures, household inflation expectations, and firm pricing power interacted to induce … the pandemic-era surge in consumer price inflation in the euro area. Initially, supply-chain pressures increased inflation …
Persistent link: https://www.econbiz.de/10014421216
cross-country differences in the mismatch of perceived and actual inflation in the aftermath of the cash changeover are …
Persistent link: https://www.econbiz.de/10013317681
Persistent link: https://www.econbiz.de/10012099728
Persistent link: https://www.econbiz.de/10014464879
Persistent link: https://www.econbiz.de/10014322418
) linked with balance sheet data to study the relationship between key aspects of globalization and firm-level markups. The … main results are: (i) Exporting is positively correlated with markups; (ii) Importing intermediate inputs and outsourcing … are also positively correlated with markups; (iii) Firms with affiliates have higher markups than other firms, while …
Persistent link: https://www.econbiz.de/10011538046