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Concerns about the magnitude and length of exchange rate pass-through to consumer prices have increased in many … prices in Nigeria for the period 1995Q1 - 2015Q1. Utilizing the Johansen approach to cointegration and a vector error … discovered to be higher in import than in consumer prices, implying that the pass-through effect declines along the pricing chain …
Persistent link: https://www.econbiz.de/10011460225
, efficiency and size on consumer prices. Soaring food prices have marked the geopolitical landscape of developing countries in the … in the fight against soaring consumer prices. By keeping inflationary pressures on food prices in check, sustained …
Persistent link: https://www.econbiz.de/10011410073
Are there different determinants in the fight against corruption across developing countries? Why are some countries more effective at battling corruption than others? To investigate these concerns we examine the determinants of corruption-control throughout the conditional distribution of the...
Persistent link: https://www.econbiz.de/10011410195
Why are some nations more effective at battling corruption than others? Are there different determinants in the fight against corruption across developing nations? How do wealth effects play-out when existing corruption-control levels matter in the corruption battle? To investigate these...
Persistent link: https://www.econbiz.de/10011410217
In this paper we propose a straightforward method to derive a non-accelerating inflation capacity utilisation rate (NAICU) based on micro data. We condition the current capacity utilisation of firms on their current and planned price adjustments. The non-accelerating inflation capacity...
Persistent link: https://www.econbiz.de/10010285794
prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …
Persistent link: https://www.econbiz.de/10011506613
estimate of firms' price responses to changes in prices of their competitors. We develop a general framework and an empirical …, which contains detailed information on firm domestic prices, marginal costs, and competitor prices. The rare features of …, that these findings have important implications for shaping the response of domestic prices to international shocks. …
Persistent link: https://www.econbiz.de/10011538001
This paper examines the current state of price convergence amongst the eleven initial EMU member states. Special attention is given to possible changes in the convergence process during the euro cash changeover. We apply the convergence approach using both panel estimates of changes in the...
Persistent link: https://www.econbiz.de/10010425231
estimate of firms' price responses to changes in prices of their competitors. We develop a general framework and an empirical …, which contains detailed information on firm domestic prices, marginal costs, and competitor prices. The rare features of …, that these findings have important implications for shaping the response of domestic prices to international shocks. …
Persistent link: https://www.econbiz.de/10011446483
prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …
Persistent link: https://www.econbiz.de/10011623991