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



EUROPEAN CENTRAL BANK

EUROSYSTEM



In 2009 all ECB
publications
feature a motif
taken from the
€200 banknote.


WORKING PAPER SERIES

NO 1104 / NOVEMBER 2009

PASS-THROUGH OF EXTERNAL
SHOCKS ALONG
THE PRICING CHAIN

A PANEL ESTIMATION
APPROACH FOR
THE EURO AREA

by Bettina Landau and Frauke Skudelny 1


This paper can be downloaded without charge from
http://www.ecb.europa.eu or from the Social Science Research Network
electronic library at
http://ssrn.com/abstract_id=1492528.

1 European Central Bank, [email protected] and [email protected]. The views expressed in this paper are those of the
authors and do not necessarily reflect the views of the ECB. We gratefully acknowledge helpful input and comments from Jorg Breitung,
Linda Goldberg, Geoff Kenny, Hans-Joachim Klockers, Pavlos Petroulas, an anonymous referee and participants at ECB seminars
and workshops and the EcoMod 2008 at Berlin.



More intriguing information

1. The name is absent
2. Personal Experience: A Most Vicious and Limited Circle!? On the Role of Entrepreneurial Experience for Firm Survival
3. Labour Market Flexibility and Regional Unemployment Rate Dynamics: Spain (1980-1995)
4. The demand for urban transport: An application of discrete choice model for Cadiz
5. Bird’s Eye View to Indonesian Mass Conflict Revisiting the Fact of Self-Organized Criticality
6. Using Surveys Effectively: What are Impact Surveys?
7. The name is absent
8. What should educational research do, and how should it do it? A response to “Will a clinical approach make educational research more relevant to practice” by Jacquelien Bulterman-Bos
9. Großhandel: Steigende Umsätze und schwungvolle Investitionsdynamik
10. TWENTY-FIVE YEARS OF RESEARCH ON WOMEN FARMERS IN AFRICA: LESSONS AND IMPLICATIONS FOR AGRICULTURAL RESEARCH INSTITUTIONS; WITH AN ANNOTATED BIBLIOGRAPHY
11. Public infrastructure capital, scale economies and returns to variety
12. Subduing High Inflation in Romania. How to Better Monetary and Exchange Rate Mechanisms?
13. FOREIGN AGRICULTURAL SERVICE PROGRAMS AND FOREIGN RELATIONS
14. The name is absent
15. Confusion and Reinforcement Learning in Experimental Public Goods Games
16. The name is absent
17. Infrastructure Investment in Network Industries: The Role of Incentive Regulation and Regulatory Independence
18. The name is absent
19. Fiscal Rules, Fiscal Institutions, and Fiscal Performance
20. The name is absent