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BEGIN:VEVENT
UID:f06101ce11ed498f267e1bfc30df2911
CATEGORIES:Seminars
CREATED:20180103T165016
SUMMARY:Vasco Carvalho - University of Cambridge
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p><strong><span style="font-size: 11pt; font-family: 'Calibri','sans-serif
 ';">Bottom-Up Markup Fluctuations</span></strong><span style="font-size: 11
 pt; font-family: 'Calibri','sans-serif';"> (joint with Ariel Burstein and B
 asile Grassi)</span></p><p style="text-align: justify;"><span style="font-s
 ize: 11pt; font-family: 'Calibri','sans-serif'; color: #212121;"><strong>Ab
 strac:</strong><br /> This paper studies properties of markup fluctuations 
 in an heterogeneous firm environment where there are no aggregate shocks. W
 e are interesting in exploring (i) how the cyclicality of markups (i.e. pro
 - vs. countercyclical markups) depends on the market structure of the diffe
 rent sectors of the economy, (ii) the quantitative importance of firm-level
  shocks in aggregate markup fluctuations, and, (iii) the empirical behaviou
 r of markup at the firm-, sector-, and, aggregate-level in US and French da
 ta.</span><span style="font-size: 11pt; font-family: 'Calibri','sans-serif'
 ;">  </span></p>
DTSTAMP:20260405T210942Z
DTSTART:20180423T163000Z
DTEND:20180423T180000Z
SEQUENCE:0
TRANSP:OPAQUE
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