Accounting for Incomplete Pass-Through
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https://www.nber.org/papers/w15255
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资源简介：
Recent theoretical work has suggested a number of potentially important factors in causing incomplete pass-through of exchange rates to prices, including markup adjustment, local costs and barriers to price adjustment. We empirically analyze the determinants of incomplete pass-through in the coffee
近期的理论研究已提出若干潜在重要因素，这些因素会引发汇率对价格的不完全传递（incomplete pass-through of exchange rates to prices）现象，涵盖加成调整（markup adjustment）、本地成本（local costs）与价格调整壁垒（barriers to price adjustment）。本文通过实证分析，探究了咖啡领域内该现象的决定因素。
提供机构：
美国国家经济研究局
创建时间：
2009-08-01
