Macro Musings with David Beckworth cover image

Chris Conlon on the Post-COVID Inflation Surge and the Greedflation Narrative

Macro Musings with David Beckworth

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The Role of Markups in Industry Prices

There's a lot of debate in the I.O. literature, but also all through economics about what's causing the rise in markups. We found that the correlation between those two things from 1980 to 2018 was basically zero. So on one hand, maybe we've just completely mismeasured everything, right?

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