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Unraveling Firms: Demand, Productivity and Markups Heterogeneity (2023)
Journal Article
Forlani, E., Martin, R., Mion, G., & Muûls, M. (2023). Unraveling Firms: Demand, Productivity and Markups Heterogeneity. Economic Journal, 133(654), 2251-2302. https://doi.org/10.1093/ej/uead031

We develop a novel framework that simultaneously allows recovering heterogeneity in demand, quantity TFP and markups across firms while leaving the correlation between the three dimensions unrestricted. We accomplish this by explicitly introducing de... Read More about Unraveling Firms: Demand, Productivity and Markups Heterogeneity.