Showing 1 - 10 of 262
Persistent link: https://www.econbiz.de/10011293537
Persistent link: https://www.econbiz.de/10003882969
Persistent link: https://www.econbiz.de/10003324835
Using the official micro price data underlying the U.K. consumer price index, we document a new stylized fact for the life-cycle behavior of consumer prices: relative to a narrowly defined set of competing products, the price of individual products tends to fall over the product lifetime. We...
Persistent link: https://www.econbiz.de/10012156437
We document a new stylized fact for the life-cycle behavior of consumer prices: relative to a narrowly defined set of competing products, the price of individual products tends to fall over the product lifetime. This holds true for more than 90% of the expenditure items underlying the U.K....
Persistent link: https://www.econbiz.de/10012119871
Persistent link: https://www.econbiz.de/10001466814
Persistent link: https://www.econbiz.de/10003364306
Persistent link: https://www.econbiz.de/10002791642
Using detailed firm-level transactions data for UK imports, we find that invoicing in a vehicle currency is pervasive …, with more than half of transactions in our sample invoiced in neither sterling nor the exporter's currency. We then study … the relationship between invoicing currency choices and the response of import prices to exchange rate changes. We find …
Persistent link: https://www.econbiz.de/10012029070
Persistent link: https://www.econbiz.de/10012197032