case of prevailing inflation, there is a mismatch between the nominal interest rate that is a discounting factor for all …

Discussions on "profit inflation" are mired in conceptual unclarities, definitional idiosyncrasies and data problems …. This article attempts to bring conceptual clarity to the debate on profit inflation, defining profit inflation strictly as … an increase in the gross output price that is caused by an increase in the profit mark-up (keeping all other unit cost …