“...In this paper, we develop a method to estimate markups using plantlevel production data. Our approach relies on cost-minimizing producers and the existence of...”

“...Over the past decade an increasing number of central banks and other policy institutions have developed and estimated medium-scale New Keynesian DSGE models...”

“...We present a simple theory-based measure of the variations in aggregate economic efficiency: the gap between the marginal product of labor and the household's...”

“...Large exporters are simultaneously large importers. We show that this pattern is key to understanding low aggregate exchange rate pass-through as well as the...”

“...We study the procompetitive gains from international trade in a quantitative model with endogenously variable markups. We find that trade can significantly...”

“...The origins of business cycles are still controversial among macroeconomists. This paper contributes to this debate by studying the driving forces of...”

“...status: published...”

“...We analyze whether an association of firms to the dominant oligopoly of food retail groups is related to higher oligopoly market power. We apply a production...”

“...Relative cross-border retail prices, in a common currency, comove closely with the nominal exchange rate. Using product-level prices and wholesale costs from a...”

“...We estimate a version of the Melitz and Ottaviano [Melitz, Marc J. and Ottaviano, Gianmarco I.P., 2008, Market size, trade, and productivity, Review of...”