Showing 1 - 10 of 126
This paper estimates monthly pass-through ratios from import prices to consumer prices in real time. Conventional time … series methods impose restrictions to generate exogenous shocks on exchange rates or import prices when estimating pass …-through coefficients. Instead, a natural experiment based on data releases defines our shock to foreign prices. Our estimation strategy …
Persistent link: https://www.econbiz.de/10005367960
Persistent link: https://www.econbiz.de/10005394374
Persistent link: https://www.econbiz.de/10005394379
Persistent link: https://www.econbiz.de/10005346054
Persistent link: https://www.econbiz.de/10005346116
The Harmonized Index of Consumer Prices (HICP) is the primary measure of inflation in the euro area, and plays a … stability as "…a year-on-year increase in the Harmonised Index of Consumer Prices (HICP) for the euro area of below 2 percent …
Persistent link: https://www.econbiz.de/10005346151
downward pressure on U.S. producer prices and a large effect on productivity. When LIC exporters capture 1% U.S. market share …, producer prices decrease by 3.1%, which is nearly fully accounted by a 2.4% increase in productivity and a 0.4% decrease in …
Persistent link: https://www.econbiz.de/10004993847
Volatile and persistent real exchange rates are observed not only in aggregate series but also on the individual good level data. Kehoe and Midrigan (2007) recently showed that, under a standard assumption on nominal price stickiness, empirical frequencies of micro price adjustment cannot...
Persistent link: https://www.econbiz.de/10005712527
national average prices for the 59 item prices using population weights instead of the equal weight formula used by ACCRA. This …
Persistent link: https://www.econbiz.de/10008489197
We study a newly constructed panel data set of relative prices of a large number of consumer goods among 31 European …
Persistent link: https://www.econbiz.de/10008475888