Wake Forest University

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  • White Papers // Jan 2011

    The Long-Run Relationship Between Inflation And The Markup In The U.S.

    This paper examines the long-run relationship between inflation and a new measure of the price-marginal cost markup. This new markup index is derived while accounting for labor adjustment costs, which a large number of the papers that estimate the markup have ignored. The authors then examine the long-run relationship between...

    Provided By Wake Forest University

  • White Papers // Jan 2011

    The Long-Run Relationship Between Inflation And The Markup In The U.S.

    This paper examines the long-run relationship between inflation and a new measure of the price-marginal cost markup. This new markup index is derived while accounting for labor adjustment costs, which a large number of the papers that estimate the markup have ignored. The authors then examine the long-run relationship between...

    Provided By Wake Forest University