Pricing over the cycle

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Pricing over the cycle

In recent studies, the cyclical behavior of markups is examined, but the role of costs in determining markups is ignored. Here, a pricing equation is estimated that implicitly measures the rate of change in markup as a function of aggregate demand growth, aggregate inflation and industry cost inflat...

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Bibliographic Details
Main Authors:	Bloch, Harry, Olive, Michael
Format:	Journal Article
Published:	Springer Science + Business Media B.V., Formerly Kluwer Academic Publishers B.V. 2001
Online Access:	http://hdl.handle.net/20.500.11937/14824

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