Markups and inflation: Evidence from firm-level data

Description: In the past two years, Canada has experienced inflation rates that have not been seen in the past two decades. The rise of markups, i.e., price over marginal cost, can be one of the potential drivers or amplifiers of inflation. This study uses firm-level data to estimate markups in Canada's pre- and post-COVID.

Issue Number: 2023006

DOI: https://doi.org/10.25318/36280001202300600004-eng