The Cyclical Behavior of Mark Ups in U.S. Manufacturing and Trade: New Empirical Evidence Based on a Model of Optimal Storage

Posted: 8 Oct 1997

See all articles by Robert Kollmann

Robert Kollmann

ECARES, Université Libre de Bruxelles; University of Paris XII - Department of Economics; Centre for Economic Policy Research (CEPR)

Date Written: Undated

Abstract

An Euler condition for optimal inventory accumulation is used to obtain information on the behavior of mark ups of price over marginal cost in U.S. manufacturing and trade. Data at the two-digit SIC level are used. Mark ups appear to be procyclical in most of the two-digit SIC sectors.

JEL Classification: D91

Suggested Citation

Kollmann, Robert, The Cyclical Behavior of Mark Ups in U.S. Manufacturing and Trade: New Empirical Evidence Based on a Model of Optimal Storage (Undated). Available at SSRN: https://ssrn.com/abstract=10813

Robert Kollmann (Contact Author)

ECARES, Université Libre de Bruxelles ( email )

Ave. Franklin D Roosevelt, 50 - C.P. 114
Brussels, B-1050
Belgium

University of Paris XII - Department of Economics ( email )

61 avenue du General de Gaulle
Creteil cedex, 94010
France

HOME PAGE: http://www.robertkollmann.com

Centre for Economic Policy Research (CEPR)

London
United Kingdom

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