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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
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 …
Persistent link: https://www.econbiz.de/10005512378
Persistent link: https://www.econbiz.de/10005512381
, 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
We analyze retail prices and at-the-dock (import) prices of specific items in the Bureau of Labor Statistics' (BLS) CPI …
Persistent link: https://www.econbiz.de/10004967529
Persistent link: https://www.econbiz.de/10005724280
Persistent link: https://www.econbiz.de/10005726196
prices. We show that an exchange rate depreciation does not necessarily have a beggar-thy-neighbor effect and may in fact …
Persistent link: https://www.econbiz.de/10005726571
We study the purchasing power parity (PPP) puzzle in a multisector, two-country, sticky-price model. Firms' price stickiness differs across sectors, in accordance with recent microeconomic evidence on price setting in various countries. Combined with local currency pricing, these differences...
Persistent link: https://www.econbiz.de/10005726584
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 …
Persistent link: https://www.econbiz.de/10005726617