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This paper analyses the effect of imported inputs and the exporting country share on the degree of exchange rate pass-through (ERPT) into export prices. I present a model where firms set variable markups under oligopoly competition and imported inputs affect marginal cost. It makes two...
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We study the role of the administrative design of energy subsidy programs aimed at encouraging households' transition … to cleaner energy sources. Our context is the universal subsidy for clean cooking gas (LPG) in India - households first … purchase LPG at the market price (over-the-counter) and then receive a "cash-back" subsidy in their bank account. The subsidy …
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