La traslación del tipo de cambio (ERPT, por sus siglas en inglés) a los precios de importación y consumo en la Unión Europea es, en términos agregados, menor que en los años 90 y tiene un comportamiento no lineal. Estimaciones agregadas de una traslación pequeña a los precios al consumo...

AbstractThe resilience of trade balances of the major industrialised economies such as the US andJapan to changes in their exchange rates following the switch from fixed to floating exchangerate regimes, triggered interest in the exchange rate pass-through relationship. Because of theimportance...

In previous literature, the degree of exchange rate pass-through to importing country’s currency has often been found to be incomplete, which supports the idea of imperfect competition in the forest products markets. In this study, exchange rate pass-through is examined by employing a mark-up...

Among the most prominent contributions of agricultural economists to the development field is the analysis of issues in commodity marketing. The topics include the role of competition among market intermediaries in determining marketing margins, analysis of price risks and the theory of...

This paper documents producer price setting in 6 countries of the euro area: Germany, France, Italy, Spain, Belgium and Portugal. It collects evidence from available studies on each of those countries and also provides new evidence. These studies use monthly producer price data. The following...

The United States Department of Agriculture has issued statistics on prices received by farmers since 1866. Beginning in 1924, prices received were collected as of the middle of the month instead of the first of the month. In this research analysis both univariate and transfer function...

En este documento se presentan de forma breve los principales usos de las estadísticas de precios de consumo, prestando especial atención a la predicción de la inflación mediante modelos econométricos. También se realizan algunas propuestas de cara a aumentar la utilidad del índice de...

Usando microdatos del IPC para 11 países del área del euro, que representan el 60 % de la cesta europea de consumo durante el período 2010-2019, documentamos nuevos resultados sobre rigidez de precios en el área del euro: i) cada mes, en promedio, el 12,3 % de los precios sufren cambios, en...

Rationale Analysis of the price micro data used to construct the consumer price index (CPI) allows us to understand how much of the inflationary spike observed in Spain between 2021 and 2023 was attributable to changes in the number of outlets adjusting prices (the “adjustment frequency”),...

Summary of Banco de España Working Paper no. 2225