We thank two anonymous referees for their particularly helpful remarks and suggestions. We are also indebted to Paul Beaudry, Jean-Pascal Bénassy, Florin Bilbiie, and Franck Portier for helpful comments. Any errors and omissions are ours.
Markups and the Welfare Cost of Business Cycles: A Reappraisal
Article first published online: 26 JUL 2012
© 2012 The Ohio State University
Journal of Money, Credit and Banking
Volume 44, Issue 5, pages 995–1014, August 2012
How to Cite
HAIRAULT, J.-O. and LANGOT, F. (2012), Markups and the Welfare Cost of Business Cycles: A Reappraisal. Journal of Money, Credit and Banking, 44: 995–1014. doi: 10.1111/j.1538-4616.2012.00519.x
- Issue published online: 26 JUL 2012
- Article first published online: 26 JUL 2012
- Received April 2, 2010; and accepted in revised form September 7, 2011.
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