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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24434 |
来源ID | Working Paper 24434 |
Markups Across Space and Time | |
Eric Anderson; Sergio Rebelo; Arlene Wong | |
发表日期 | 2018-03-26 |
出版年 | 2018 |
语种 | 英语 |
摘要 | In this paper, we provide direct evidence on the behavior of markups in the retail sector across space and time. Markups are measured using gross margins. We consider three levels of aggregation: the retail sector as a whole, the firm level, and the product level. We find that: (1) markups are relatively stable over time and mildly procyclical; (2) there is large regional dispersion in markups; (3) there is positive cross-sectional correlation between local income and local markups; and (4) differences in markups across regions are explained by differences in assortment within each goods category, not by deviations from uniform pricing. We propose an endogenous assortment model consistent with these facts. |
主题 | Macroeconomics ; Business Cycles |
URL | https://www.nber.org/papers/w24434 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582107 |
推荐引用方式 GB/T 7714 | Eric Anderson,Sergio Rebelo,Arlene Wong. Markups Across Space and Time. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24434.pdf(2746KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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