Narrow search
Showing 1 - 10 of 2,867
Cover Image
The Evolution of Price Dispersion in the European Car Market
Goldberg, Pinelopi Koujianou - 1998
Car prices in Europe are characterized by large and persistent differences across countries. The purpose of this paper is to document and explain this price dispersion. Using a panel data set extending from 1980 to 1993, we first demonstrate two main facts concerning car prices in Europe: (1)...
Persistent link: https://www.econbiz.de/10012471995
Cover Image
Globalization, Pass-Through and Inflation Dynamic
Benigno, Pierpaolo - 2010
An important aspect of the globalization process is the increase in interdependence among countries through the deepening of trade linkages. This process should increase competition in each destination market and change the pricing behavior of firms. We present an extension of Dornbusch (1987)'s...
Persistent link: https://www.econbiz.de/10012462810
Cover Image
Exchange-Rate Pass-Through to Import Prices in the Euro Area
Campa, José Manuel - 2005
This paper presents an empirical analysis of transmission rates from exchange rate movements to import prices, across countries and product categories, in the euro area over the last fifteen years. Our results show that the transmission of exchange rate changes to import prices in the short run...
Persistent link: https://www.econbiz.de/10012467045
Cover Image
Exchange Rate Pass-Through into Import Prices : A Macro or Micro Phenomenon?
Campa, Jose Manuel - 2002
imported goods. Higher inflation and exchange rate volatility are weakly associated with higher pass-through of exchange rates …
Persistent link: https://www.econbiz.de/10012469780
Cover Image
Price Setting in Online Markets : Basic Facts, International Comparisons, and Cross-border Integration
Gorodnichenko, Yuriy - 2014
We document basic facts about prices in online markets in the U.S. and Canada, a rapidly growing segment of the retail sector. Relative to prices in regular stores, prices in online markets are more flexible as well as exhibit stronger pass-through (60-75 percent) and faster convergence...
Persistent link: https://www.econbiz.de/10012458260
Cover Image
Volatility and Pass-through
Berger, David - 2013
What drives countercyclical volatility? A large literature has documented that many economic variables are more disperse in recessions, but this could either occur because shocks get bigger or because firms respond more to shocks which are the same size. Existing evidence that the dispersion of...
Persistent link: https://www.econbiz.de/10012459012
Cover Image
The Usual Suspects? Productivity and Demand Shocks and Asia-Pacific Real Exchange Rates
Chinn, Menzie David - 1997
The evidence for a productivity-based explanation for real exchange rate behavior of East Asian currencies is examined. Using sectoral output and employment data, relative prices and relative productivities are calculated for China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore,...
Persistent link: https://www.econbiz.de/10012472706
Cover Image
Inflation and financial markets
1981
Persistent link: https://www.econbiz.de/10003162402
Cover Image
Uncertainty and Labor Contract Durations
Rich, Robert - 2000
uncertainty over the period 1970 to 1995. We construct measures of inflation uncertainty as well as aggregate nominal and real … uncertainty. The results not only corroborate previous findings of an inverse relationship between contract duration and inflation … of this relationship to the various measures of inflation uncertainty that have appeared in the literature …
Persistent link: https://www.econbiz.de/10012471019
Cover Image
The Phillips Curve is Back? Using Panel Data to Analyze the Relationship Between Unemployment and Inflation in an Open Economy
DiNardo, John - 1999
inflation expectations. We develop this measure using assumptions common in economic analysis of open economies. Using quarterly …
Persistent link: https://www.econbiz.de/10012471456