Markups and inflation during the COVID-19 pandemic / by Olga Bilyk, Timothy Grieder and Mikael Khan.: FB3-7/2023-8E-PDF
"In this note, we assess how firms’ pricing decisions have been impacting inflation. To do so, we analyze markups—the ratio of a firm’s output price to its marginal cost of production (i.e., the price the firm pays for inputs on its last unit of production). Our analysis covers the period from 2015 to 2022. We focus on markups instead of profits or profit margins since these are less well-suited to understanding pricing behaviour"--page 1.
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publications.gc.ca/pub?id=9.927683&sl=0
| Department/Agency | Bank of Canada, issuing body. |
|---|---|
| Title | Markups and inflation during the COVID-19 pandemic / by Olga Bilyk, Timothy Grieder and Mikael Khan. |
| Series title | Staff analytical note = Note analytique du personnel, 2369-9639 ; 2023-8 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "Last updated: June 19, 2023." Includes bibliographical references (page 6). |
| Publishing information | Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2023. ©2023 |
| Author / Contributor | Bilyk, Olga, author. |
| Description | 1 online resource (6 pages) : charts. |
| Catalogue number |
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| Subject terms | COVID-19 Pandemic, 2020- -- Economic aspects -- Canada. Inflation (Finance) -- Canada. Price marks. Pandémie de COVID-19, 2020- -- Aspect économique -- Canada. Inflation -- Canada. Prix -- Marquage. |
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