We investigate productivity and cost pass-through of German manufacturing firms using administrative data from 2001 to … controlling for unobserved productivity shocks and unobserved input quality. Using our parameter estimates, we can compute total … factor productivity, markups and marginal costs. We find no effect of the EU ETS on firm productivity or profits for the …

We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of … Marginal Revenue): it is necessary and sufficient for the distributions of productivity and sales to have the same form …