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dc.contributor.authorAskildsen, Jan Erik
dc.contributor.authorNilsen, Øivind Anti
dc.date.accessioned2008-11-06T08:42:17Z
dc.date.available2008-11-06T08:42:17Z
dc.date.issued2008-04
dc.identifier.issn0804-6824
dc.identifier.urihttp://hdl.handle.net/11250/163140
dc.description.abstractThis paper investigates the existence of markups and their cyclical behaviour at industry sector level. Markups are given as a price-cost relation that is estimated from a dynamic, structural model of the firm. The firms face costly adjustment of labour and potential financial constraints. The model is tested on a panel of firm- and plant-level data from Norwegian manufacturing industries. The results indicate a frequent presence of pro-cyclical markups. Labour adjustment costs are small and negligible. The results are related to the role played by unions in a setting with high union density.en
dc.language.isoengen
dc.publisherNorwegian School of Economics and Business Administration. Department of Economicsen
dc.relation.ispartofseriesDiscussion paperen
dc.relation.ispartofseries2008:10en
dc.titleMarkup cyclicality and input factor adjustmentsen
dc.typeWorking paperen
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212en


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