Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261633 
Year of Publication: 
2022
Citation: 
[Journal:] Journal of Economic Structures [ISSN:] 2193-2409 [Volume:] 11 [Article No.:] 5 [Publisher:] Springer [Place:] Heidelberg [Year:] 2022 [Pages:] 1-11
Publisher: 
Springer, Heidelberg
Abstract: 
We try to examine the potential of input-output price model to identify mechanisms of price formation and transmission. Contrary to previous research that focused on overcoming the specific limitations of the model, we test its overall performance. In the presented study, the historical values of the commonly used consumer price index were decomposed according to the classic input-output price model for an open economy. A sequence of ex post simulations under various assumptions was used to identify the sources of inflation. This study required the use of input-output tables in current and previous year's prices. The proposed method of decomposition might be a starting point to create a framework for studying different aspects of inflation process.
Subjects: 
Cost-push price formation
Exchange rate pass-through
Inflation
Input-output price model
JEL: 
C67
E31
E37
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.