Bonnet, Céline; Dubois, Pierre; Villas-Boas, Sofia Berto - C.E.P.R. Discussion Papers - 2010
How a cost shock is passed through into final consumer prices may relate to nominal price stickiness and rigidities, the existence of non adjustable cost components, strategic mark-up adjustments, or other contract terms along the supply distribution chain. This paper presents a simple framework...