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008250424t20242024oncd    ob   f|0| 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
041 |aeng|beng|bfre
043 |an-cn---
0861 |aFB3-5/2024-50E-PDF
1001 |aChernoff, Alexander W., |eauthor.
24510|aConsumer search, productivity heterogeneity, prices, markups, and pass-through : |btheory and estimation / |cby Alex Chernoff, Allen Head and Beverly Lapham.
264 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2024.
264 4|c©2024
300 |a1 online resource (iii, 60 pages) : |bgraphs.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = Document de travail du personnel, |y1701-9397 ; |v2024-50
500 |aISSN assigned to different series.
500 |a"Last updated: December 19, 2024."
504 |aIncludes bibliographical references (pages 40-41).
5203 |a"We develop and estimate a search model in which identical consumers trade with price-setting firms that differ in productivity. In the model, equilibrium distributions of both prices and markups are non-degenerate and continuous with a firm’s price decreasing as its productivity increases. Variation in markups across firms is more complicated and depends on the search process and the distribution of productivity, both of which are estimated using firm-level data on retail industries in Canada. We use the estimated model to characterize the qualitative and quantitative differences in prices and markups across firms"--Abstract, page ii.
546 |aIncludes abstract in French.
650 0|aInflation (Finance)|zCanada|xEconometric models.
650 0|aMarkup|zCanada|vStatistics.
650 6|aInflation|zCanada|xModèles économétriques.
650 6|aMarge bénéficiaire|zCanada|vStatistiques.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2024-50.|w(CaOODSP)9.806221
85640|qPDF|s1.97 MB|uhttps://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2024-50-eng.pdf