Showing 1 - 4 of 4
This paper quantifies the effects of drug monopolies and low per-capita income on pharmaceutical prices in developing …
Persistent link: https://www.econbiz.de/10009421387
Conventional wisdom suggests that producer prices are more rigid than consumer prices and therefore play less of a role … for the producer price index, we find that producer prices for finished goods and services in fact exhibit roughly the … same rigidity as consumer prices that include sales and substantially less rigidity than consumer prices that exclude them …
Persistent link: https://www.econbiz.de/10008636157
traded-goods prices exhibit significant inertia in the face of shocks such as exchange rate changes. This paper uses a … wholesale prices for UPC (Universal Product Code)-level products. Markup adjustments by manufacturers and the retailer explain …
Persistent link: https://www.econbiz.de/10005420523
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