We consider a standard result of customer market theory: if firms have stable customer relations and face financial … Survey. All things being equal, financially constrained firms charge higher markups when faced with low demand; this …

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 …

contributions in the literature, we obtain exogenous credit supply shifters and markups that are both firm specific and time varying …. We uncover new findings at this level. In particular, firms more exposed to liquidity risks tend to raise markups in … firms have an incentive to raise markups in order to sustain liquidity. Our results have important economic implications …

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 …

We consider a standard result of customer market theory: if firms have stable customer relations and face financial … things being equal, financially constrained firms charge higher markups when faced with low demand; this behaviour is more …

We consider a standard result of customer market theory: if firms have stable customer relations and face financial … Survey. All things being equal, financially constrained firms charge higher markups when faced with low demand; this …

leads to higher average prices. We test the theory using detailed data for Brazilian exporters and find that the destination …

switching costs and capital-market imperfections in which price-cost markups behave countercyclically, with a subsample of … raising markups than in a counterfactual scenario without such constraints. Moreover, the estimated partial effects for the …

firms' markups following the imposition of AD ad valorem duties. These findings are consistent with the hypothesis that …, unlike other import tariffs, AD duties are not absorbed by exporters. The results on firms' average markups also suggest that …