Arbeitspapier
Estimates of cost-price passthrough from business survey data
We examine businesses' price-setting practices via open-ended interviews and in a quantitative survey module with business contacts from the Federal Reserve Banks of Atlanta, Cleveland, and New York in December 2022 and January 2023. Businesses indicated that their prices were strongly influenced by demand, a desire to maintain steady profit margins, and wages and labor costs. Survey respondents expected reduced growth in costs and prices of about 5 percent on average over the next year. Backwardlooking, forward-looking, and hypothetical scenarios reveal average cost-price passthrough of around 60 percent, with meaningful heterogeneity across firms.
- Sprache
-
Englisch
- Erschienen in
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Series: Staff Report ; No. 1062
- Klassifikation
-
Wirtschaft
- Thema
-
prices
business survey
hypothetical questions
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dogra, Keshav
Heise, Sebastian
Knotek, Edward S.
Meyer, Brent H.
Rich, Robert W.
Schoenle, Raphael
Topa, Giorgio
van der Klaauw, Wilbert
Bruine de Bruin, Wändi
- Ereignis
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Veröffentlichung
- (wer)
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Federal Reserve Bank of New York
- (wo)
-
New York, NY
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Dogra, Keshav
- Heise, Sebastian
- Knotek, Edward S.
- Meyer, Brent H.
- Rich, Robert W.
- Schoenle, Raphael
- Topa, Giorgio
- van der Klaauw, Wilbert
- Bruine de Bruin, Wändi
- Federal Reserve Bank of New York
Entstanden
- 2023