The contribution of firm profits to the recent rise in inflation

被引:1
|
作者
Bouras, Panagiotis [1 ]
Bustamante, Christian [1 ]
Guo, Xing [1 ]
Short, Jacob [1 ,2 ]
机构
[1] Bank Canada, Ottawa, ON, Canada
[2] Bank Canada, 234 Wellington St, Ottawa, ON K1A 0G9, Canada
关键词
Inflation; Markups; Firm pricing; Market structure and pricing;
D O I
10.1016/j.econlet.2023.111449
中图分类号
F [经济];
学科分类号
02 ;
摘要
We measure the contribution to inflation from the growth in markups of Canadian firms. The dynamics of inflation and markups suggest that changes in markups could account for less than one-tenth of inflation in 2021. Further, they suggest that peak inflation was driven primarily by changes in firms' costs.
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页数:4
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