We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups … quantify TFP, demand and markups and show how they are correlated among them, across time and with measures obtained from other …

employees (2005{2013). We compare firm-specific markups and industry concentration as market power indicators and discuss the …. However, if we look at changes in individual industries, then we do find increasing markups and an increasing concentration in …

markups during 2000- 2015. Second, the markup increase is driven by already high-markup firms (top decile of the markup … distribution) that charge increasing markups. Third, markups increased mostly among advanced economies but not in emerging markets …. Fourth, there is a non-monotonic relation between firm size and markups that is first decreasing and then increasing. Finally …

, but had 13 times as much corporate equity. Because ownership is more skewed than consumption, increased mark-ups increase …

, but had 13 times as much corporate equity. Because ownership is more skewed than consumption, increased mark-ups increase …

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 …

of the new varieties arriving into the economy. This leads to lower startup rates and greater concentration of sales …