Berck, Peter; Leibtag, Ephraim S.; Villas-Boas, Sofia B.; … - Department of Agricultural and Resource Economics, … - 2009
Commodity prices have been rising at unprecedented rates over the last two years. The primary objective of this paper is to assess if and how firms pass through upstream cost increases to final good prices. First, we investigate what happens to the shelf prices (the regular prices) of goods that...