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three reasons for the change in pass-through into the retail prices of goods. First, pass-through may have declined at the … level of import prices, but the evidence is mixed over types of goods and countries. Second, there has been a large … heightened sensitivity to import prices and exchange rates. Finally, we consider whether there have been changing sectoral …
Persistent link: https://www.econbiz.de/10005420619
Persistent link: https://www.econbiz.de/10005410719
We reexamine the effect of the U.S.-Canadian border on integration of markets. The paper updates work from our earlier paper, Engel and Rogers (1996). We consider alternative measures of deviations from the law of one price. We pay special attention to the effect of the U.S.-Canada free trade...
Persistent link: https://www.econbiz.de/10005372546
, can seriously disrupt output growth. An analysis of the effects of a decline in export prices in seventy-five developing …
Persistent link: https://www.econbiz.de/10005387175
Persistent link: https://www.econbiz.de/10005078287
-i Efkar and Vakit, in addition to data of foreign exchange rates and prices in the çIstanbul Bourse, this paper examines how …
Persistent link: https://www.econbiz.de/10011882665
Persistent link: https://www.econbiz.de/10005706939
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 …
Persistent link: https://www.econbiz.de/10005712333
Volatile and persistent real exchange rates are observed not only in aggregate series but also on the individual good level data. Kehoe and Midrigan (2007) recently showed that, under a standard assumption on nominal price stickiness, empirical frequencies of micro price adjustment cannot...
Persistent link: https://www.econbiz.de/10005712527
.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. …
Persistent link: https://www.econbiz.de/10005712747