Cooper, Russell W.; Haltiwanger, John C.; Willis, … - 2024
role. But, in the presence of rising adjustment costs, measured sales-weighted markups using the recently popular indirect … exogenous processes for profits, (ii) an increase in impatience, (iii) increased market power, and (iv) increasing adjustment … costs. We identify and quantity the contribution of each of these factors building on a simulated method of moments …