Motivated by stylized facts pointing to a dominant role of imported inputs in transmitting external price shocks to … approach constructs effective input price indices from sector-level price data combined with sector-level information on input …

This paper estimates the magnitude and speed of tax pass-through across tobacco products at different price points in … is driven by the fact that tobacco manufacturers absorb a significant part of the tax increase. For the premium brand … findings are likely to be attributable to competitive market pressures, especially at the budget end of the price spectrum …

Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in … relative price of tangible tradable capital goods provided a significant impetus to the capital deepening that took place … during the same time period. The broad-based decline in the relative price of machinery and equipment, in turn, was driven by …

. The differences are well explained by the other shocks identified in the model, in particular the oil price shocks of the …