Distribution Margins, Imported Inputs, and the Sensitivity of the CPI to Exchange Rates
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Border prices of traded goods are highly sensitive to exchange rates, but the CPI, and the retail prices of these goods, are more stable. Our paper decomposes the sources of this stability for twenty-one OECD countries, focusing on the important roles of distribution margins and imported inputs in
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美国国家经济研究局创建时间：
2006-03-01
