OECD Economic Studies,Volume 2002 Issue 1: No. 34 Volume 2002 Issue 1

Estimation of the Cyclical Behaviour of Mark-ups: A Technical Note

DOI:https://doi.org/10.1787/eco_studies-v2002-art6-en

This paper presents estimates of the cyclical fluctuations of price-cost margins, following an extended version of the Rotemberg and Woodford (1991) approach. The results support the hypothesis of counter-cyclical price margins in most manufacturing ...



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