Pass-through of external shocks along the pricing chain: A panel estimation approach for the euro area

PASS-THROUGH OF
EXTERNAL SHOCKS
ALONG THE
PRICING CHAIN

A PANEL ESTIMATION
APPROACH FOR
THE EURO AREA

by Bettina Landau
and Frauke Skudelny

EUROPEAN CENTRAL BANK

EUROSYSTEM

WORKING PAPER SERIES

NO 1104 / NOVEMBER 2009

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