, can seriously disrupt output growth. An analysis of the effects of a decline in export prices in seventy-five developing …

crucially on the choice of price series used to measure relative prices and on the choice of trade partner. The relation is … stronger when we measure relative prices using producer prices rather than consumer prices. The relation is stronger the more …

.S. cities and Canadian cities for 14 categories of consumer prices to examine the nature of the deviations from the law of one … price. The distance between cities explains a significant amount of the variation in the prices of similar goods in … prices as adding 2500 miles between cities. …

We study a newly constructed panel data set of relative prices of a large number of consumer goods among 31 European …

exchange rates and international relative prices and quantities. This paper examines the ability of extensions of existing open … economy models to account for exchange rates, international relative prices, and international trade quantities. The …

prices. We show that an exchange rate depreciation does not necessarily have a beggar-thy-neighbor effect and may in fact …

The inertia of traded goods' local currency prices in the face of exchange rate changes is a well-documented phenomenon … the incomplete transmission of exchange rate changes to prices. The approach is applied to micro data from the beer market …. We find that (a) wholesale prices appear more rigid than retail prices; (b) price adjustment costs on average account for …

to the prices of their products. Our paper addresses this puzzle and studies the effects of the international …