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Inflation and measures of the markup

✍ Scribed by Anindya Banerjee; Bill Russell

Book ID
113722176
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
203 KB
Volume
27
Category
Article
ISSN
0164-0704

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An I(2) analysis of inflation and the ma
An I(2) analysis of inflation and the markup
✍ Professor Anindya Banerjee; Lynne Cockerell; Bill Russell πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 187 KB

## Abstract An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competition model. It is found that the levels of prices and costs are best characterized as integrated of order 2 and that a linear combination of the levels (which may be defined as the markup) c