controversy has developed among economists and in the media about whether this was largely caused by profit inflation, that is, by … increases in the percentage mark-ups set by firms. The paper attempts to clear some confusions regarding the issue of profit … inflation, dealing with its definitions and the complexities of its measures. In particular, it shows that increases in economic …

accounts of profit inflation, wherein U.S. firms' market power allowed them to maintain - and, for some firms, increase - their …

accounts of profit inflation, wherein U.S. firms' market power allowed them to maintain - and, for some firms, increase - their …

controversy has developed among economists and in the media about whether this was largely caused by profit inflation, that is, by … increases in the percentage mark-ups set by firms. The paper attempts to clear some confusions regarding the issue of profit … inflation, dealing with its definitions and the complexities of its measures. In particular, it shows that increases in economic …

Discussions on "profit inflation" are mired in conceptual unclarities, definitional idiosyncrasies and data problems …. This article attempts to bring conceptual clarity to the debate on profit inflation, defining profit inflation strictly as …

This article re-examines Earl Hamilton’s famous 1929 thesis on ‘Profit Inflation’ and the ‘birth of modern industrial … led him to conclude that: Spain had enjoyed virtually no ‘profit inflation’, since wages had generally kept pace with … prices; and that early-modern England had experienced the greatest degree of such ‘profit inflation’. Such a contrast in …

much new data and other information. It re-examines Earl Hamilton’s famous 1929 thesis on ‘Profit Inflation’ and the ‘birth …-century Spain, France, and England led him to conclude that: Spain had enjoyed virtually no ‘profit inflation’, since wages had … generally kept pace with prices; and that early-modern England had experienced the greatest degree of such ‘profit inflation …

This paper re-examines Earl Hamilton's famous 1929 thesis on 'Profit Inflation' and the 'birth of modern industrial … led him to conclude that: Spain had enjoyed virtually no 'profit inflation', since wages had generally kept pace with … prices; and that early-modern England had experienced the greatest degree of such 'profit inflation'. Such a contrast in …