Add to ORKGThis paper links two existing but separate literatures. Measures of the markup, inflation and relative price variability (RPV) from annual and quarterly US and UK data are used to examine the relationships among the variables. The results show that two long-run relationships can be identified from the data: a negative relationship between inflation and the markup and a positive relationship between inflation and RPV. As RPV does not enter the inflation-markup long-run relationship we argue that explanations of this relationship based on RPV are poor even though they may help explain a short-run relationship between the variables
Inflation, relative price variability and the markup: Evidence from the United States nature of the ...
This article studies the effects of inflation targeting (IT) on relative price variability (RPV) usi...
‘Modern’ theories of the Phillips curve imply that inflation is an integrated, or near integrated’ p...
An I(2) analysis of inflation and the markup is undertaken for the G7 economies and Australia. We fi...
Theoretical models of the markup-inflation relationship focus on the markup of price on marginal cos...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...
Using annual US data for gross domestic product originating by sector between 1947 and 1997 it is sh...
This paper links two existing but separate literatures. Measures of the markup, inflation and relati...
This paper reports on research into the negative relationship between inflation and the markup. It i...
In this note we use the methodology of Banerjee, Cockerell and Russell (2001) and Banerjee and Russe...
‘Modern’ theories of the Phillips curve imply that inflation is an integrated, or near integrated’ p...
United States Phillips curves are routinely estimated without accounting for the shifts in mean infl...
‘Modern’ theories of the Phillips curve inadvertently imply that inflation is anintegrated or near i...
‘Modern’ Phillips curve theories predict inflation is an integrated, or near integrated, process. Ho...
Inflation, relative price variability and the markup: Evidence from the United States nature of the ...
This article studies the effects of inflation targeting (IT) on relative price variability (RPV) usi...
‘Modern’ theories of the Phillips curve imply that inflation is an integrated, or near integrated’ p...
An I(2) analysis of inflation and the markup is undertaken for the G7 economies and Australia. We fi...
Theoretical models of the markup-inflation relationship focus on the markup of price on marginal cos...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...
Using annual US data for gross domestic product originating by sector between 1947 and 1997 it is sh...
This paper links two existing but separate literatures. Measures of the markup, inflation and relati...
This paper reports on research into the negative relationship between inflation and the markup. It i...
In this note we use the methodology of Banerjee, Cockerell and Russell (2001) and Banerjee and Russe...
‘Modern’ theories of the Phillips curve imply that inflation is an integrated, or near integrated’ p...
United States Phillips curves are routinely estimated without accounting for the shifts in mean infl...
‘Modern’ theories of the Phillips curve inadvertently imply that inflation is anintegrated or near i...
‘Modern’ Phillips curve theories predict inflation is an integrated, or near integrated, process. Ho...
Inflation, relative price variability and the markup: Evidence from the United States nature of the ...
This article studies the effects of inflation targeting (IT) on relative price variability (RPV) usi...
‘Modern’ theories of the Phillips curve imply that inflation is an integrated, or near integrated’ p...