Search Results - subject:"Distribution margins"

A decomposition of the sources of incomplete cross-border transmission

Hellerstein, Rebecca - 2006

Despite its importance, the microeconomics of the international transmission of shocks is not well understood. The conventional wisdom is that relative price changes are the primary mechanism by which shocks are transmitted across borders. Yet traded-goods prices exhibit significant inertia in...

Persistent link: https://www.econbiz.de/10010283375

Pass-through of exchange rates to consumption prices: What has changed and why

Campa, José Manuel; Goldberg, Linda S. - 2006

In this paper, we use cross-country and time-series evidence to argue that retail price sensitivity to exchange rates may have increased over the past decade. This finding applies to traded goods as well as to non-traded goods. We highlight three reasons for the change in pass-through into the...

Persistent link: https://www.econbiz.de/10010283438

Distribution margins, imported inputs, and the insensitivity of the CPI to exchange rates

Goldberg, Linda S.; Campa, Jose M. - IESE Business School, Universidad de Navarra - 2006

important roles of distribution margins and imported inputs in transmitting exchange rate fluctuations into consumption prices …. We provide rich cross-country and cross-industry details on distribution margins and their sensitivity to exchange rates … and imported goods. While distribution margins damp the sensitivity of consumption prices of tradable goods to exchange …

Persistent link: https://www.econbiz.de/10005053654

Pass through of exchange rates to consumption prices: What has changed and why?

Campa, Jose M.; Goldberg, Linda S. - IESE Business School, Universidad de Navarra - 2006

In this paper, we use cross-county and time series evidence to argue that retail price sensitivity to exchange rates may have increased over the past decade. This finding applies to traded goods, as well as to non-traded goods. We highlight three reasons for changing pass through at the level of...

Persistent link: https://www.econbiz.de/10005053775