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Browsing Department of Economics (ECO) by Author "RUSSELL, Bill"
Now showing items 1-17 of 17
Title:Inflation, relative price variability and the markup: evidence from the United States and the United Kingdom
Author(s):BANERJEE, Anindya; MIZEN, Paul; RUSSELL, BillDate:2007Type of Publication:ArticleAbstract:This paper links two separate empirical literatures on inflation, relative price variability (RPV) and the price–cost markup. Measures constructed from annual and quarterly data for the US and UK are used to examine the ...
Title:A Markup Model for Forecasting Inflation for the Euro Area
Author(s):RUSSELL, Bill; BANERJEE, AnindyaDate:2006Type of Publication:ArticleAbstract:We develop a small model for forecasting inflation for the euro area using quarterly data over the period June 1973 to March 1999. The model is used to provide inflation forecasts from June 1999 to March 2002. We compare ...
Title:Industry Structure and the Dynamics of Price Adjustment
Author(s):BANERJEE, Anindya; RUSSELL, BillDate:2001Type of Publication:ArticleAbstract:Using annual US data for gross domestic product originating by sector between 1947 and 1997 it is shown that a negative long-run relationship between inflation and the markup is present across the sectors as well as in the ...
Title:An I(2) Analysis of Inflation and the Markup
Author(s):BANERJEE, Anindya; COCKERELL, Lynne; RUSSELL, BillDate:2001Type of Publication:ArticleAbstract:An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competition model. It is found that the levels of prices and costs are best characterized as integrated of order 2 and that a linear ...
Title:An I(2) Analysis of Inflation and the Markup
Author(s):BANERJEE, Anindya; COCKERELL, Lynne; RUSSELL, BillDate:1998Type of Publication:Working PaperSeries/Report no.:EUI ECO
