Weche Gelübcke, John P.; Wambach, Achim - 2018
-level database for EU member states. To indicate competitive pressure at the firm-level, markups are estimated following De Loecker … (2011), and De Loecker and Warzynski (2012). The analysis reveals a sharp drop in markups during the crisis, followed by a … the US, where average markups have climbed to pre-crisis levels already in 2011. There is significant heterogeneity among …