firms' market power in explaining inflation, and in favor of the "sellers' inflation" hypothesis (Weber and Wasner (2023 … changes in costs. Using a rich dataset on French manufacturing firms' balance sheets, we first estimate markups at the firm … energy prices, depending on average market power within sectors. We show that, in sectors with higher markups, prices …

opposite is the case with markups. If they increase in reaction to higher prices, they contribute to further price increases …

opposite is the case with markups. If they increase in reaction to higher prices, they contribute to further price increases …

import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …

import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …

's share of national income to the inflation rate (as well as to the output gap, the unemployment rate and the capital stock … inflation and the labor share. Our results suggest that disinflation is not distributively neutral, provide empirical support … negative impact of inflation on growth. …

, contrary to the assumptions of the Balassa-Samuelson hypothesis, the relative evolution of the markups of the services and … manufacturing sectors has been a key determinant of what we refer to as Spanish dual inflation. (Copyright: Fundación SEPI) …

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 …

Inflation affects the purchasing power of households. This paper documents large, idiosyncratic inflation differences … between households in their everyday shopping. Low-income households have experienced higher inflation in the last ten years … inflation differences within countries. Between countries, multinational retail chains not only differentiate products by …

Globalization has given rise to new concerns that domestic inflation is caused by global developments, especially in … paper explores the role of globalization, if any, for inflation, particularly in Switzerland, one of the smallest and most … open economies where the globalization hypothesis should be most relevant, but where inflation historically has been among …