We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 …

Can an increasing importance of intangible capital explain increases in markups and profits? I use a heterogeneous firm … model to show how intangible capital, characterized by fixed costs and uncertainty, is related to markups and profits at the … intangible capital investment can charge high markups relative to other firms whereas firms that fail will exit. However, these …

markups from both value added and sales and empirically test whether some of the global trends in market power can be seen in … Slovak firm level data as well. I find that the markups in Slovakia in fact declined since 2010, both in terms of value added … and sales. Although the decrease in sales markups is negligible, the value added aggregate markup declined by 25% from 2 …