Sökning: "Melinda Süveg"

Hittade 1 avhandling innehållade orden Melinda Süveg.

1. 1. Finance, Shocks, Competition and Price Setting

   Författare :Melinda Süveg; Nils Gottfries; Teodora Borota Milicevic; David Vestin; Richard Friberg; Uppsala universitet; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; price setting; markup; working capital; monetary policy; pass-through; market structure; competition; exit; bank connections; input price volatility.; Economics; Nationalekonomi;

   Sammanfattning : Essay I: The New Keynesian model augmented with the working capital channel predicts that (i) a rise in the policy rate increases producer prices, with a stronger impact on firms that use more working capital, (ii) the pass-through of policy rate changes to prices is gradual because of price rigidity and (iii) unanticipated policy rate changes have larger effects than anticipated changes. Using firm-level micro data, I test these predictions. LÄS MER