Complete Pass-Through in Levels*.
Empirical studies find that the pass-through of input cost changes to prices is incomplete: a 10% increase in costs causes downstream prices to rise less than 10%, even at long horizons. Using microdata from gas stations, food products, and manufacturing industries, I find that incomplete pass-throu...
| Publicado en: | Quarterly Journal of Economics Vol. 141; no. 2; pp. 1077 - 1136 |
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| Formato: | Artículo |
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Oxford University Press / USA
May2026
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| Acceso en línea: | Ver este registro en EBSCOhost |