The contribution of firm profits to the recent rise in inflation

C-Tier

Journal: Economics Letters

Year: 2023

Volume: 233

Issue: C

Authors (4)

Bouras, Panagiotis (not in RePEc) Bustamante, Christian (Bank of Canada) Guo, Xing (Bank of Canada) Short, Jacob (Bank of Canada)

Score contribution per author:

0.251 = (α=2.01 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

View Full Article View on IDEAS/RePEc

Abstract

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.

The contribution of firm profits to the recent rise in inflation

Authors (4)

Abstract

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