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firms' market power in explaining inflation, and in favor of the "sellers' inflation" hypothesis (Weber and Wasner (2023 … changes in costs. Using a rich dataset on French manufacturing firms' balance sheets, we first estimate markups at the firm … energy prices, depending on average market power within sectors. We show that, in sectors with higher markups, prices …
Persistent link: https://www.econbiz.de/10014303735
opposite is the case with markups. If they increase in reaction to higher prices, they contribute to further price increases …
Persistent link: https://www.econbiz.de/10014474508
opposite is the case with markups. If they increase in reaction to higher prices, they contribute to further price increases …
Persistent link: https://www.econbiz.de/10014331852
import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …
Persistent link: https://www.econbiz.de/10010281451
import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …
Persistent link: https://www.econbiz.de/10009652258
import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …
Persistent link: https://www.econbiz.de/10010535633
's share of national income to the inflation rate (as well as to the output gap, the unemployment rate and the capital stock … inflation and the labor share. Our results suggest that disinflation is not distributively neutral, provide empirical support … negative impact of inflation on growth. …
Persistent link: https://www.econbiz.de/10005572245
, contrary to the assumptions of the Balassa-Samuelson hypothesis, the relative evolution of the markups of the services and … manufacturing sectors has been a key determinant of what we refer to as Spanish dual inflation. (Copyright: Fundación SEPI) …
Persistent link: https://www.econbiz.de/10005736077
annum. The most substantial impact on inflation arises, however, from the role of lower markups in reducing the inflation … markups. Using disaggregated data for EU manufacturing over the period 1988-2000 we find increased openness exerts a negative … and significant impact on sectoral prices. Increased openness lowers prices by both reducing markups and raising …
Persistent link: https://www.econbiz.de/10005667140
financial shock, firms in financially weak countries (the periphery) maintain{{p}}cashflows by raising markups--in both domestic … and export markets--while firms in financially strong countries (the core) reduce markups, undercutting their financially …
Persistent link: https://www.econbiz.de/10011932300