This paper investigates the markup of price over marginal cost in Italian manufacturing branches. The approach used is an extension of Hall's model that addresses some measurement shortcomings and theoretical limitations that may affect this class of model.
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Paper provided by Banca Italia - Servizio di Studi in its series Papers with number
362.
Find related papers by JEL classification: E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
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