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.
- Language
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Englisch
- Bibliographic citation
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Series: Staff Report ; No. 1062
- Classification
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Wirtschaft
- Subject
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prices
business survey
hypothetical questions
- Event
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Geistige Schöpfung
- (who)
-
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
- Event
-
Veröffentlichung
- (who)
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Federal Reserve Bank of New York
- (where)
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New York, NY
- (when)
-
2023
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- 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
Time of origin
- 2023
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Estimates of cost-price passthrough from business survey data
Labor cost pass-through to producer prices in Denmark
Minimum Wages, Cost-Price Pass-Through and Real Welfare Effect of Households
Recent Estimates of Exchange Rate Pass-Through to Import Prices in the Euro Area
Pass-Through of Cost-Push Shocks
Assessing Estimates of the Exchange Rate Pass-Through
Bias in Reduced-Form Estimates of Pass-through
Using Cost Pass-Through to Calibrate Demand
Interest rate pass-through estimates from vector autoregressive models
Inflation expectations and the passthrough of oil prices
Commodity price pass-through along the pricing chain
Market structure and cost pass-through in retail
Estimates of cost-price passthrough from business survey data
Labor cost pass-through to producer prices in Denmark
Minimum Wages, Cost-Price Pass-Through and Real Welfare Effect of Households
Recent Estimates of Exchange Rate Pass-Through to Import Prices in the Euro Area
Pass-Through of Cost-Push Shocks
Assessing Estimates of the Exchange Rate Pass-Through
Bias in Reduced-Form Estimates of Pass-through
Using Cost Pass-Through to Calibrate Demand
Interest rate pass-through estimates from vector autoregressive models
Inflation expectations and the passthrough of oil prices
Commodity price pass-through along the pricing chain