Markups and inflation during the COVID-19 pandemic

Olga Bilyk, Timothy Grieder and Mikael Khan

No 2023-8, Staff Analytical Notes from Bank of Canada

Abstract: We find that prices and costs for consumer-oriented firms moved roughly one-for-one during the COVID-19 pandemic. This means firms fully passed rising costs through to the prices they charged. However, our results are suggestive, given data limitations and the uncertainty associated with estimating markups.

Keywords: Firm dynamics; Inflation and prices (search for similar items in EconPapers)
JEL-codes: D2 D4 E2 E3 L1 (search for similar items in EconPapers)
Date: 2023-06
New Economics Papers: this item is included in nep-ind, nep-mfd and nep-mon
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Citations: View citations in EconPapers (2)

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