Low inflation, pass-through, and the pricing power of firms

By John B. Taylor. 2000

1,354 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/1cc5d56f7e84e0901badc8bcc581cba798311cd6

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In Economics and Econometrics

Citations in the corpus

Exchange Rate Pass-Through and Inflation: A Nonlinear Time Series Analysis (2013, background): “This view is emphasized by Taylor (2000) who states that ‘the lower pass-through should not be taken as exogenous to the inflationary environment (p.1390).’”
Exchange Rate Pass-Through in Emerging Markets (2007, neutral): “A major argument in this respect was suggested by Taylor (2000), who put forward the hypothesis that the responsiveness of prices to exchange rate fluctuations depends positively on inflation.”
Explicit Inflation Objectives and Macroeconomic Outcomes (2004, background): “…exhibits less persistence than that of a random walk; cf. Barsky (1987), Evans and Wachtel (1993), Fuhrer and Moore (1995), Brainard and Perry (2000), Taylor (2000), Cogley and Sargent (2001, 2003), Kim et al. (2001), Stock (2001), Pivetta and Reis (2001), Levin and Piger (2002), and Benati (2002).”
The Great Plunge in Oil Prices: Causes, Consequences, and Policy Responses (2015, neutral): “Changes in global food commodity prices will also be reflected in most countries' domestic food prices—even if only with a lag and muted by transport cost and local supply and demand conditions (World Bank 2014c; Cudjoe, Breisinger and Diao 2010).15 Falling food prices may benefit the majority of th”
Pass-Through of Exchange Rates and Competition between Floaters and Fixers (2009, neutral): “Davis, CA 95616 and NBER rcfeenstra@ucdavis.edu”
The Macroeconomic Effects of Inflation Targeting (2004, background): “…exhibits less persistence than that of a random walk; cf. Barsky (1987), Evans and Wachtel (1993), Fuhrer and Moore (1995), Brainard and Perry (2000), Taylor (2000), Cogley and Sargent (2002, 2003), Kim et al. (2001), Stock (2002), Pivetta and Reis (2001), Levin and Piger (2002), and Benati (2002).”
Inflation Persistence: Facts or Artefacts? (2004, neutral): “The conclusion of Taylor (2000) is that persistence has been larger during the first part of the sample22.”
A new look at pass-through (2008, methodology): “Both Weber (1997) and Rogers (1999) try splitting nominal shocks in two to see if some if the importance is being lost in the way they are mixed.”
Has the Inflation Process Changed (2006, background): “Taylor (1998, 2000) makes this general argument while Sargent (1999) provides a detailed account of the interaction between inflation persistence and the monetary framework in the United States.”