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 …

This paper documents that the impact of the euro changeover in January 2002 on prices was not uniform across the 12 … participating countries. There are countries where prices increased significantly, but there are also countries where price …

This paper examines the behaviour of exchange rate pass-through to domestic prices in India during the post … exchange rate pass-through to domestic prices. Further, there is asymmetry in pass-through between appreciation and … transitorily negated the impact of lower inflation on pass-through. Part of the non-decline in long-run pass-through is due to a …

set as an increasing function of the inflation rate generate multiple equilibria. We show that these conditions depend not …

do not cause bank runs because nominal deposits allow consumption to adjust efficiently with prices. Currency withdrawals …

aspects of US methods which affect international comparisons of inflation and output growth. The traditional problem of …

The aim of this paper is to study the role that prices play in the New Neoclassical Synthesis. It is shown that … offers the same answers on the minor role of prices in static macroeconomics. In spite of this, the New Neoclassical … the search for not just better answers, but for new questions regarding prices in a monetary theory. …

In this paper we propose a straightforward method to derive a non-accelerating inflation capacity utilisation rate … adjustments. The non-accelerating inflation capacity utilisation rate is then defined as the rate where a firm feels no price …

) internal labour market theories, describing the relation between price and wage inflation, (ii) pure monetarist theories …, describing the effect of excess money on the inflation rate, and finally (iii) external theories, describing the foreign … sector were found to be the main determinants to the inflation rate. Among these the domestic effects were small compared to …