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 … 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 …

This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel … protecting the real incomes of lower-income households from the effects of energy price increases …

frequency of price adjustments. We show that variance in the fraction of prices subject to change is a key determinant of …

relative price of nontradables accounts for up to 70 percent of real exchange rate variability during these periods. The paper …

determines the relative price of investment, can affect the investment rate and the permanent growth rate of the economy. The …

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

private firms, the traditional channels (interest rate, bank lending, and asset price) are impaired in LICs. The exchange rate …