We study changes in markups across 72 product markets from 2006 to 2018. A growing literature has documented a rise in … propose estimating nested logit demand models, using household panel data to automate the assignment of products to nests. Our … product markets. We find that changes in firms’ marginal costs and households’ price sensitivity are the primary drivers of …

We study changes in markups across 72 product markets from 2006 to 2018. A growing literature has documented a rise in … propose estimating nested logit demand models, using household panel data to automate the assignment of products to nests. Our … product markets. We find that changes in firms' marginal costs and households' price sensitivity are the primary drivers of …

By using nonparametric and panel data econometrics, this paper re-assesses the effect of both the current level of … empirical support. -- Mark-up ; cyclical dynamics ; durable goods ; non-durable goods ; nonparametric econometrics ; panel data …

Although coordination of wage bargaining probably affects entry barriers and competition in product markets, research … and is estimated on a panel of 15 OECD countries. The estimates show that consumer prices may be as much as 21 percent … ; unemployment ; panel data model …

Although coordination of wage bargaining probably affects entry barriers and competition in product markets, research … institutions and present empirical evidence in form of estimated price equations in a panel of 15 OECD countries. The estimates … markup ; labor market institutions ; unemployment ; panel data model …