MARKET STRUCTURE AND THE TAXATION OF INTERNATIONAL ...
Following the higher import prices, consumer prices increase as well. Their increase is smaller than that of import prices, because the imported goods are a ...
Temi di discussioneBasically, I find that consumers benefit from firms' ability to target through three channels: better matches, smaller expenses in search costs ... Price Distortion and Shortage Deformation, or What Happened to ...The model of this paper generalizes the classical theory of consumer behavior to the more general case of prices that are not necessarily market-clearing. Monetary Rules for Commodity TradersGood monetary policy stabilizes PPI: because price stickiness is in domestic goods prices, while there is perfect pass-through in import prices.
Autres Cours:
