The Cyclical Behavior of the Price-Cost Markup
收藏NBER2013-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19099
下载链接
链接失效反馈官方服务：
资源简介：
A countercyclical markup of price over marginal cost is the key transmission mechanism for demand shocks in textbook New Keynesian (NK) models. This paper re-examines the foundation of those models. We study the cyclicality of markups in the private economy as well as in detailed manufacturing
提供机构：
美国国家经济研究局
创建时间：
2013-06-01
