Search Results - "Incomplete pass"
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Pricing over the cycle
Published 2001“…Results for 21 two-digit SIC industries in the U.S. over 1948 to 1979 show incomplete pass-through from cost into price, implying a negative relationship between cost and the markup. …”
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The Interest Rate Pass-Through in Malaysia: An Analysis on Asymmetric Adjustment
Published 2015“…Over the period of January 1987 to December 2014, the policy rate was found to be an incomplete pass-through to deposit and lending rates. …”
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Three essays on retail globalisation and international trade
Published 2019“…Using consumption-item-level consumer price index (CPI) and product-level tariff data with a new matching strategy, we empirically find that tariff cuts incompletely pass through to consumer prices. Guided by a simple theoretical framework based on an oligopolistic competition model with a nested CES demand, this essay considers markups charged by retailers as a new channel by which consumer prices do not fully react to tariff cuts. …”
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