Presidential Address Lacea-Lames Meeting 2014 Ciudad de Mexico: "Macroeconomics and On-Line Prices"
The availability of micro pricing data has produced an empirical revolution in macroeconomics. Two events were the main culprits: First, nation statistical offices allowed economists to study the data underlying the construction of the CPI, letting our profession the chance to tackle many questions that have been open for decades. Second, scanner data coming from several supermarkets and merchandizing companies were made available as well. Again, offering a great opportunity for research. In fact, the earlier literature addressed questions on price rigidity, law of one price, cost and exchange rate pass-through, international market segmentations, and many others using aggregate price indexes. The aggregation and the procedures behind the construction of those indexes mask several economic phenomena. The availability of more detailed data allowed the profession to take a closer look at old questions.
Year of publication: |
2015
|
---|---|
Authors: | Rigobón, Roberto |
Published in: |
ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION. - ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION. - 2015
|
Publisher: |
ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION |
Saved in:
freely available
Saved in favorites
Similar items by person
-
"Contagion in Latin America: Definitions, Measurement, and Policy Implications"
Rigobón, Roberto, (2001)
-
Natural Resources: Neither Curse nor Destiny
Venables, Anthony J.,
-
Estrategia de estabilización para los precios del petróleo en América Central
Rigobón, Roberto, (2005)
- More ...