Showing 1 - 10 of 22
with problems of measuring inflation in Gerrnany. This paper met with a lively response. The Research Group of the …
Persistent link: https://www.econbiz.de/10010470805
The question as to whether the globalisation-related increase in competitive pressure may have caused the importance of exchange rate pass-through and pricing-to-market for export pricing in Germany to shift since the 1990s is addressed by testing the long-run export pricing behaviour of German...
Persistent link: https://www.econbiz.de/10005083076
Since changes in import prices feed into consumer prices and thus might affect monetary policy decisions, policymakers need to establish whether or not German importers' long-run pricing behaviour has changed. Of particular interest are any shifts in the importance of cost passthrough and...
Persistent link: https://www.econbiz.de/10005083109
We discuss how the welfare ranking of fixed and flexible exchange rate regimes in a New Open Economy Macroeconomics model depends on the interplay between the degree of exchange rate pass-through and the elasticity of substitution between home and foreign goods. We identify combinations of these...
Persistent link: https://www.econbiz.de/10005059025
with problems of measuring inflation in Gerrnany. This paper met with a lively response. The Research Group of the …
Persistent link: https://www.econbiz.de/10010478854
We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price …
Persistent link: https://www.econbiz.de/10005083071
In this paper, we review the German practice of imputing the costs of owner-occupied housing by increasing the relative weight of actual rents in the CPI. As the structure of owner-occupied housing differs substantially from that of rental housing, this variant of the imputation method may cause...
Persistent link: https://www.econbiz.de/10005083156
In several studies, hedonic methods have been used successfully for the ex post assessment of the accuracy of inflation … might induce a substantial distortion in overall inflation measurement. On the basis of data from the German Socio … is some evidence of an understatement of rent inflation in the official rent index for West Germany at the beginning of …
Persistent link: https://www.econbiz.de/10005083285