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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 …
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firm age and the inflation rate have a negative but statistically insignificant effect on the profitability of banks in …
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