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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27958 |
来源ID | Working Paper 27958 |
Bottom-up Markup Fluctuations | |
Ariel Burstein; Vasco M. Carvalho; Basile Grassi | |
发表日期 | 2020-10-19 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We study markup cyclicality in a granular macroeconomic model with oligopolistic competition. We characterize the comovement of firm, sectoral, and economy-wide markups with sectoral and aggregate output following firm-level shocks. We then quantify the model’s ability to reproduce salient features of the cyclical properties of markups in French administrative firm-level data, from the bottom (firm) level to the aggregate level. Our model helps rationalize various, seemingly conflicting, measures of markup cyclicality in the French data. |
主题 | Macroeconomics |
URL | https://www.nber.org/papers/w27958 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585632 |
推荐引用方式 GB/T 7714 | Ariel Burstein,Vasco M. Carvalho,Basile Grassi. Bottom-up Markup Fluctuations. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27958.pdf(777KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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