factor prices has a positive effect on markups. We show theoretically that firms with higher shares of inputs with volatile … prices set higher markups. We use the Bartik shift-share approach to empirically test whether firms which use more oil … relative to other inputs set higher markups when oil prices are more volatile. Our estimates imply that a one standard …

factor prices has a positive effect on markups. We show theoretically that firms with higher shares of inputs with volatile … prices set higher markups. We use the Bartik shift-share approach to empirically test whether firms which use more oil … relative to other inputs set higher markups when oil prices are more volatile. Our estimates imply that a one standard …

We study the link between business failures, markups and business cycle asymmetry in the U.S. economy with a model of … skewed markups together with counter-cyclical exit rates are consistent with the empirical evidence. Moreover, our model …

I document a statistical link between old-age dependency ratios and average markups. I propose that a mechanism whereby …

I document a statistical link between old-age dependency ratios and average markups. I propose that a mechanism whereby …

markups and entry observed in the data while at the same time reproducing empirically plausible moments for key macroeconomic …

markups and entry observed in the data while at the same time reproducing empirically plausible moments for key macroeconomic …