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Showing 1 to 20 of 23 for “"Markups"”.

  1. Essays in empirical macroeconomics

    … in the United States. The second, entitled 'Markups and Inflation', looks at the relationship between markups and inflation in the US and OECD. The first essay starts from the observation that economic growth in the 80s and 90s has been characterized by expansions significantly longer than …

    mit Repository record for Essays in empirical macroeconomics (opens in a new tab)

  2. Topics on firm heterogeneity and economic policy

    … Chapter one explores the trends in competition, markups and market shares in a general equilibrium model. Over the last 30 years markups, as well as advertising expenses, have increased substantially. Moreover, there is a positive correlation between marketing expenditures and markups, a feature …

    uiuc Repository record for Topics on firm heterogeneity and economic policy (opens in a new tab)

  3. Essays in the macroeconomics of production sale

    … four summary statistics: sales-weighted harmonic markups, a scale-elasticity adjustment capturing fixed and quasi-fixed costs, a monopsony term, and an input-output multiplier. We find that both measured markups and returns to scale rose in the United States between 1970 and 2020, but their …

    umn Repository record for Essays in the macroeconomics of production sale (opens in a new tab)

  4. Essays into Firms, Innovation and Productivity

    … investigates the link between R&D and firm-level markups. A detailed data on R&D expenditures is used to examine whether a firm’s innovation activities have any impact on its markups rather than productivity, whose relationship is already well-established in the literature. R&D is likely to help …

    cambridge Repository record for Essays into Firms, Innovation and Productivity (opens in a new tab)

  5. Three essays on international economics

    … Chapter 2 studies how international trade lowers markups of multiple varieties produced by a discrete heterogeneous firm as a short-run equilibrium. Chapter 3 assesses a two-step estimation method recently used under the WTO Article 22.6 arbitration. Specifically, this paper focuses on the two …

    iastate Repository record for Three essays on international economics (opens in a new tab)

  6. Essays on household finance and credit market regulation

    … private information about demand, which reduces markups on inelastic borrowers. I develop a structural model of the US credit card market to study how heightened information problems and lower markups interact in equilibrium to determine the Act's effects. I find that equilibrium market …

    mit Repository record for Essays on household finance and credit market regulation (opens in a new tab)

  7. Movement of heterogeneous goods and people.

    … calibrating the elasticities to match estimated markups in each sector. I introduce these features by adapting a \citeasnoun{hop92} model of plant entry and exit and embed this in a multisector trade model. I calibrate the model using trade data between the United States and Canada before their …

    umn Repository record for Movement of heterogeneous goods and people. (opens in a new tab)

  8. Essays on production function estimation

    … this method to estimate output elasticities and markups in manufacturing industries in the US and four developing countries. Neglecting labor-augmenting productivity and imposing parametric restrictions mismeasures output elasticities and heterogeneity in the production function. My estimates …

    mit Repository record for Essays on production function estimation (opens in a new tab)

  9. Trade Shocks and Trade Policy: Firm Export Behaviour and Competition in International Markets

    … with oligopolistic competition and variable markups that explicitly models the conformity assessment sector and allows firm decisions to be non-separable across markets. The model highlights three separate direct effects of mutual recognition agreements on firms, an effect on firms’ fixed …

    cambridge Repository record for Trade Shocks and Trade Policy: Firm Export Behaviour and Competition in International Markets (opens in a new tab)

  10. Private information and price regulation In the US credit card market

    … of safe borrowers; on the other hand, lower markups on borrowers revealed to be inelastic, and hence lower price dispersion in the market overall. To quantify these two forces' net effect on market efficiency, I build a model of a competitive credit market with private information and …

    mit Repository record for Private information and price regulation In the US credit card market (opens in a new tab)

  11. Three Essays on the Impact of Foreign Direct Investment on Productivity

    … increases product market competition by reducing markups across all product lines, and this effect further alters firms' production towards their core varieties.

    westminster

  12. Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis

    … from this work. First, lower vehicle cost markups may hasten PHEV market entry, especially in the absence of a climate policy. Second, in the short term, the lower cost of electricity compared with refined fuels on a per mile basis is likely to favor adoption of vehicles with longer …

    mit Repository record for Prospects for plug-in hybrid electric vehicles in the United States : a general equilibrium analysis (opens in a new tab)

  13. Essays on International Macroeconomics and Trade

    … nominal rigidities and endogenous variable markups at the producer level. The calibration of the main parameters of the model is based on micro data and national accounts data. The impulse responses of relative prices and quantities to a monetary shock are compared with empirical vector …

    maryland Repository record for Essays on International Macroeconomics and Trade (opens in a new tab)

  14. Essays in industrial organization

    … price dispersion among gasoline stations and markups increase slightly when the smartphone penetration rate increases, even while additional descriptive evidence suggests that demand is becoming more price-sensitive. Structural estimation of a two-type consumer search model finds that the …

    mit Repository record for Essays in industrial organization (opens in a new tab)

  15. Essays on the macroeconomic implications of financial frictions

    … are more inclined to increase their desired markups of products; (2) firms facing larger price stickiness tend to issue less external equity and conduct less big payouts; and (3) a large part of the cost from price stickiness is induced by financial frictions. Lastly, we provide stylized …

    mit Repository record for Essays on the macroeconomic implications of financial frictions (opens in a new tab)

  16. Transgenic Rice in Asia: A General Equilibrium Assessment of Potential Welfare Effects and Regional Distribution

    … profits. Although profits increase with higher markups, there are still large social benefits to realize from herbicide resistance technology. However, producers' response to reduced profitability is not accounted for and adoption is an exogenous variable in the model. The results suggest that …

    vt Repository record for Transgenic Rice in Asia: A General Equilibrium Assessment of Potential Welfare Effects and Regional Distribution (opens in a new tab)

  17. Pricing And Assortment Problems Under Correlated Product Evaluations

    … provide structural properties pertaining to the markups on optimal prices. The second part of the thesis focuses on pricing problems in which the prices of offered products are subject to bound constraints and the utility derived from each product depends on its price. We give approximation …

    cornell Repository record for Pricing And Assortment Problems Under Correlated Product Evaluations (opens in a new tab)

  18. Strategic Models in Supply Network Design

    … market power and its effect on equilibrium markups. Chapter 3 looks at the network design problem of a vertically integrated firm with the ability to flexibly allocate resources across markets. We consider optimal design of the firm's production network as an upper-level decision to be …

    columbia-diss Repository record for Strategic Models in Supply Network Design (opens in a new tab)

  19. Essays in macroeconomics : information and financial markets

    … shocks-but can be detrimental when shocks to markups and wedges cause sufficient volatility in "output gaps". Finally, chapter 3 studies how market signals-such as stock prices-can help alleviate the severity of the asymmetric information problem in credit and liquidity management. Asymmetric …

    mit Repository record for Essays in macroeconomics : information and financial markets (opens in a new tab)

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