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Pass-Through of Shocks into Different U.S. Prices

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  • Hakan Yilmazkuday

    (Department of Economics, Florida International University)

Abstract

This paper estimates the pass-through of different shocks into different U.S. prices that are important for policy makers. The investigation is based on a structural vector autoregression model, where quarterly data are used. The empirical results depict oil price pass-through, exchange rate pass-through, import-price pass-through, and producer price pass-through into import prices, producer prices, and consumer prices for the U.S. economy. Policy implications suggest that achieving and sustaining consumer price stability highly depend on monitoring the developments in oil prices, followed by import prices and producer prices.

Suggested Citation

  • Hakan Yilmazkuday, 2024. "Pass-Through of Shocks into Different U.S. Prices," Working Papers 2401, Florida International University, Department of Economics.
    • Handle: RePEc:fiu:wpaper:2401
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    Cited by:

    1. Hakan Yilmazkuday, 2025. "Unequal inflationary effects of tariffs across socio-demographic groups," International Economics and Economic Policy, Springer, vol. 22(4), pages 1-24, October.

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    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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