Markup Dynamics and Inflation: An Empirical Analysis of Sweden's Largest Firms During the COVID-19 Crisis
This thesis examines the evolution of markups among the largest publicly listed firms in Sweden, represented by the OMXS30 index, during the period surrounding the COVID-19 pandemic from 2018 to 2024. The study assesses whether changes in firms’ pricing power contributed to Sweden’s inflationary and subsequent disinflationary dynamics. Using a microeconomic production function approach developed b
