Pass-Through of Own and Rival Cost Shocks: Evidence from the U.S. Fracking Boom
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In imperfectly competitive settings, a firm's price depends on its own costs as well as those of its competitors. We demonstrate that this has important implications for the estimation and interpretation of pass-through. Leveraging a large input cost shock resulting from the fracking boom, we
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美国国家经济研究局创建时间：
2017-11-01
