Pass‐through of shocks into different U.S. prices

2024/01/02 by Hakan Yilmazkuday · 1 voice · 1 citation
Economics, Econometrics and Finance · #Energy, Environment, Economic Growth #Market Dynamics and Volatility #Monetary Policy and Economic Impact

paper · doi:10.1111/roie.12726

openalex publication_date 2024/01/02 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/10

Abstract

Abstract This article estimates the pass‐through of different shocks into different U.S. prices that are important for policy makers. The investigation is based on a structural vector autoregression model, where quarterly data are used. The empirical results depict oil price pass‐through, exchange rate pass‐through, import‐price pass‐through, and producer price pass‐through into import prices, producer prices, and consumer prices for the U.S. economy. Policy implications suggest that achieving and sustaining consumer price stability highly depend on monitoring the developments in oil prices, followed by import prices and producer prices.

Citations

• Monetary Policy Expectations at the Zero Lower Bound
• Understanding long-run price dispersion
• Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound
• Oil price pass-through into consumer prices: Evidence from U.S. weekly data

Cited by

• Unequal inflationary effects of tariffs across socio-demographic groups

Discussions

• "Pass-through of shocks into different U.S. prices" is available at the Review of International Economics: doi.org/10.1111/roie.12726 [bsky, 1 points, 0 comments]

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