Akcelik, Fatih; Ozmen, Mustafa Utku - Türkiye Cumhuriyet Merkez Bankası - 2014
price shocks. Using a novel micro approach that considers each price spell separately; we find evidence of pass-through … of cost increases (decreases). Also, if the magnitude of positive cost shock is higher, pass-through will be lower …. Finally, empirical evidence suggests that pricing behavior in terms of pass-through degree and asymmetry varies across firms …