We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … and significant impact on sectoral prices. Increased openness lowers prices by both reducing markups and raising … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 …

This paper investigates possible structural changes induced by the Euro on the relations among wages, prices and … Spain, instead, we find evidence that deviations from reference values influence inflation dynamics. …

This paper analyses the response of firms to monthly CPI inflation releases using high-frequency data from a large … economy-wide business survey. CPI inflation perceptions respond very quickly, in a matter of hours after the release. We also … find that firms' expected own-price growth has a strong positive correlation with changes in CPI inflation, particularly …

tradable goods such as food may be misplaced because of the emerging literature on the rapid convergence of traded goods prices … within the PRC that contrasts with earlier claims of fragmented internal markets. In a setting where traded goods prices … spatially-disaggregated indices of house prices which are then used as spatial deflators for both provinces and core urban …

We analyze the behaviour of prices in Uruguay using a unique database of 30 millions daily prices. We find that prices … change about 5 times a year with no seasonal patter. Prices changes are highly synchronised and concentrated on the first day … of the month. Our paper is the first to present evidence of high synchronization of prices, which in turn could be …

aspects of US methods which affect international comparisons of inflation and output growth. The traditional problem of …

Purpose – The purpose of this paper is to analyze the oil price pass-through into consumer price inflation for a … developing country: Malaysia. The focus is on whether aggregate consumer prices and different consumer price components or sub … have significant bearings on the consumer price inflation, the food price inflation, the rent, fuel and power price …

-through to domestic prices is statistically significant above the threshold level of the inflation rate and statistically …Considering nonlinearities in the exchange rate pass-through to domestic prices, this paper estimates exchange rate … pass-through in Mexico. We examine responses of domestic prices to a positive one unit exchange rate shock by estimating a …