Showing 1 - 10 of 10
This paper develops a technique to decompose price distributions into contributions from markups and marginal cost. The estimators are then used as a laboratory to measure the relationship between increasing Chinese competition and the components of U.S. import prices. The estimates suggest that...
Persistent link: https://www.econbiz.de/10009692640
Persistent link: https://www.econbiz.de/10009537447
Persistent link: https://www.econbiz.de/10009577176
A large body of empirical work has found that exchange rate movements have only modest effects on inflation. However, the response of an import price index to exchange rate movements may be underestimated because some import price changes are missed when constructing the index. We investigate...
Persistent link: https://www.econbiz.de/10009411125
Persistent link: https://www.econbiz.de/10010360353
This paper develops a technique to decompose price distributions into contributions from markups and marginal cost. The estimators are then used as a laboratory to measure the relationship between increasing Chinese competition and the components of U.S. import prices. The estimates suggest that...
Persistent link: https://www.econbiz.de/10013088895
A large body of empirical work has found that exchange rate movements have only modest effects on inflation. However, the response of an import price index to exchange rate movements may be underestimated because some import price changes are missed when constructing the index. We investigate...
Persistent link: https://www.econbiz.de/10012975441
A key emerging insight in international economics is that the scope for quality differentiation can help to explain patterns in export prices at the level of products or firms. In this paper, a unified theoretical framework of firm heterogeneity in cost and quality is brought to bear on an...
Persistent link: https://www.econbiz.de/10013146968
A large body of empirical work has found that exchange rate movements have only modest effects on inflation. However, the response of an import price index to exchange rate movements may be underestimated because some import price changes are missed when constructing the index. We investigate...
Persistent link: https://www.econbiz.de/10013112063
A large body of empirical work has found that exchange rate movements have only modest effects on inflation. However, the response of an import price index to exchange rate movements may be underestimated because some import price changes are missed when constructing the index. We investigate...
Persistent link: https://www.econbiz.de/10014121098