prices when generating their inflation expectations. Those who thought of specific prices reported more extreme and more …

deliver differential responses of prices to aggregate and sectoral shocks. Input-output production linkages induce across …-sector pricing complementarities that contribute to a slow response of prices to aggregate shocks. In turn, input-market segmentation … prices to sector-specific shocks. Estimating the factor-augmented vector autoregression specification of Boivin, Giannoni …

We analyze two reasons for export prices to be different across markets--namely, quality differentiation and variable … separately identify the markup and quality components of international relative prices for Chinese artworks. Through this lens …