In this paper we present estimates of the world profit rate using country-level data from the Extended Penn World Table … 7.0 and industry-level data from the World Input Output Database. The country-aggregated world profit rate series spans … the period from 1960 to 2019, and the industry-aggregated world profit rate series runs from 2000 to 2014. The country …

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 …

To avoid the extremely high profit levels found in the recent experience of public utilities' regulation, some … regulators have introduced a profit-sharing (PS) rule that revises prices to the benefit of consumers. However, in order to be …

This paper examines the profit testing of life insurance companies that issue participating policies, type B and type A … stochastic and modeled by normal or variance gamma distributions. We rely on the stochastic profit testing techniques introduced … the profit testing indicators. We show that the variance gamma model results in more conservative predictions - in a …

Standard monopsony theory, old and new, lacks a realistic criterion to distinguish between monopsony and competitive … the elasticity of the demand schedules for their products, can be altered as a result of coercion, lead to a theory of …

contrast, signaling leadership skills has no effect. Last, we consider the role of labor market competition. Companies facing … competition in the labor market, measured by the number of competitors advertising similar positions, are 56 to 66% less likely to … novel evidence that soft skills and labor market competition both play an important role in understanding hiring …