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import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …
Persistent link: https://www.econbiz.de/10009652258
import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …
Persistent link: https://www.econbiz.de/10010535633
annum. The most substantial impact on inflation arises, however, from the role of lower markups in reducing the inflation … markups. Using disaggregated data for EU manufacturing over the period 1988-2000 we find increased openness exerts a negative … and significant impact on sectoral prices. Increased openness lowers prices by both reducing markups and raising …
Persistent link: https://www.econbiz.de/10005667140
networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …
Persistent link: https://www.econbiz.de/10010942528
Globalization has given rise to new concerns that domestic inflation is caused by global developments, especially in … paper explores the role of globalization, if any, for inflation, particularly in Switzerland, one of the smallest and most … open economies where the globalization hypothesis should be most relevant, but where inflation historically has been among …
Persistent link: https://www.econbiz.de/10010761845
networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …
Persistent link: https://www.econbiz.de/10011077099
networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …
Persistent link: https://www.econbiz.de/10011083958
sales; (iv) price changes related to sales and product replacements are less driven by inflation variations than regular … price changes; (v) the monthly inflation rate is correlated to the frequencies of price decreases and increases. The …
Persistent link: https://www.econbiz.de/10010816022
framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure … and institutions as given for the purpose of analysis, we argue that inflation could be understood only in terms of … restructuring arises as an integral part of capital accumulation. On the aggregate level, inflation appears as stagflation, with the …
Persistent link: https://www.econbiz.de/10005789620
We examine the effect of the minimum wage on restaurant prices. For that purpose, we estimate a price rigidity model by exploiting a unique dataset of individual price quotes used to calculate the Consumer Price Index in France. We find a positive and significant impact of the minimum wage on...
Persistent link: https://www.econbiz.de/10005792028