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 …

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 …

. Wage increases also contributed to prices hikes. Interestingly, markups appeared to play no role in driving up prices and …

Several models posit a positive cross-sectional correlation between markups and firm size, which characterizes … larger firms have lower product markups but higher wage markdowns. The negative markup-size correlation turns positive when …

Several models posit a positive cross-sectional correlation between markups and firm size, which characterizes … larger firms have lower product markups but higher wage markdowns. The negative markup-size correlation turns positive when …

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 …

) linked with balance sheet data to study the relationship between key aspects of globalization and firm-level markups. The … main results are: (i) Exporting is positively correlated with markups; (ii) Importing intermediate inputs and outsourcing … are also positively correlated with markups; (iii) Firms with affiliates have higher markups than other firms, while …