Why are Rates of Inflation so Low after Large Devaluations

By Ariel T. Burstein, Martin Eichenbaum, Sergio Rebelo. 2002

120 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/d92eb8b9703de4d2f91b9a1ddd40d15d20c294ce

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Citations in the corpus

Why do Consumer Prices React Less than Import Prices to Exchange Rates (2002, background): “Burstein, Neves, and Rebelo (2002) and Burstein, Eichenbaum, and Rebelo (2002) show that the role of local inputs in the distribution sector is quantitatively important.”
Equivalence Results for Optimal Pass-Through, Optimal Indexing to Exchange Rates, and Optimal Choice of Currency for Export Pricing (2006, result): “8 For example, Goldberg and Verboven (2001), Burstein, Neves, and Rebelo (2003), Burstein, Eichenbaum, and Rebelo (2002), and Goldberg and Camap (2004). adjustment of prices to distinguish the two types of models, the evidence could be consistent with either LCS or LCP.9 As Friberg (1998) has…”
Monetary Union, Price Level Convergence, and Inflation: How Close is Europe to the United States? (2002, result): “One would not expect perfect correlation, of course, if only because the sample of items in the EIU survey differs from what is in the CPI basket, or for the reasons discussed in Burstein, Eichenbaum, and Rebelo (2002).”
External Constraints on Monetary Policy and the Financial Accelerator (2007, unknown): “33As emphasized by Burstein, Eichenbaum and Rebelo [9], in the absence of a substantial non-tradable good sector, it is extremely difficult to match movements in the nominal exchange rate.”
Monetary Policy in Emerging Markets (2010, background): “27 Burstein et al. (2005) located the slow adjustment to the overall price level in the nontraded sector.”
International Trade and Macroeconomic Dynamics with Heterogeneous Firms (2005, unknown): “dX,t(z) = QtρX,t(z) ZtzlX,t(z) τ t − wt · lX,t(z) + fX,t Zt ̧ = 1 θ − 1wtlX,t(z)− wt fX,t Zt , (23)”
Slow Pass-through Around the World: A New Import for Developing Countries? (2011, background): “4 Among those who emphasize the importance in incomplete pass-through of local distribution costs consisting of nontraded inputs are Burstein et al. (2002), Burstein et al.”
Expenditure Switching vs. Real Exchange Rate Stabilization: Competing Objectives for Exchange Rate Policy (2007, unknown): “12 This case has much of the same flavor of the recent models by Burstein, Neves, and Rebelo (2003), Burstein, Eichenbaum, and Rebelo (2002, 2003), and Corsetti and Dedola (2003).”