In this paper, I use firm-level data from Compustat to document the evolution of markups among listed U.S. non … obfuscates that firms with low pre-pandemic markups command notable markup growth in both 2021 and 2022. Third, I document key … accounts of profit inflation, wherein U.S. firms' market power allowed them to maintain - and, for some firms, increase - their …

In this paper, we examine how economic shocks affect the distribution of household inflation expectations. We show that … the dynamics of households' expected inflation distributions are driven by three distinctive functional shocks, which … influence the expected inflation distribution through disagreement, level shift and ambiguity. Linking these functional shocks …

then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative …This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation …-are discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and …

then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative …This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation … discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and …

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

aggregate inflation and the higher-order moments of the distribution of relative price changes. Our empirical findings confirm … explanatory variable for the inflation rate. Further, the skewness measure also helps to explain shifts in the Phillips curve …

A major challenge for monetary policy has been predicting how exchange rate movements will impact inflation. We propose …