Gödl-Hanisch, Isabel; Menkhoff, Manuel - 2025 - This version: August 2025
This paper uses a new survey approach to empirically characterize firm-level passthrough dynamics and explores them in … a price-setting model. We directly elicit price pass-through of cost shocks in the field and survey experiments. We find … gradual pass-through due to infrequent adjustments (nominal rigidities) and high costs of deviating from competitors …