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008250430t20252025oncd    ob   f|0| 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
041 |aeng|beng|bfre
043 |an-cn---
0861 |aFB3-5/2025-7E-PDF
1001 |aChernoff, Alexander W., |eauthor.
24510|aMarkups, pass-through, and firm heterogeneity with sequentially mixed search / |cby Alex Chernoff, Allen Head and Beverly Lapham.
264 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2025.
264 4|c©2025
300 |a1 online resource (ii, 59 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 ; |v2025-7
500 |aISSN assigned to different series.
500 |a"Last updated: February 13, 2025."
504 |aIncludes bibliographical references (pages 33-34).
5203 |a"We study the determination of market power at the firm and industry levels when heterogeneous firms compete for sales to ex ante homogeneous buyers in a market with both directed and random search and free entry of firms that differ in productivity. Search and the distribution of productivity across active firms generate distributions of equilibrium prices and markups that we relate to variation in the elasticity of demand at the firm level. With directed search at the outset, a shock that raises the matching rate for buyers improves conditions for them and tends to lower markups"--Abstract, page ii.
546 |aIncludes abstract in French.
650 0|aInflation (Finance)|zCanada.
650 0|aService industries|xEconomic aspects|zCanada.
650 6|aInflation|zCanada.
650 6|aServices (Industrie)|xAspect économique|zCanada.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2025-7.|w(CaOODSP)9.806221
85640|qPDF|s1.95 MB|uhttps://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2025-7-eng.pdf