Search results
Results From The WOW.Com Content Network
In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).
Formally, exchange-rate pass-through is the elasticity of local-currency import prices with respect to the local-currency price of foreign currency. It is often measured as the percentage change , in the local currency , of import prices resulting from a one percent change in the exchange rate between the exporting and importing countries. [ 1 ]
Asymmetric price transmission (sometimes abbreviated as APT and informally called "rockets and feathers" , also known as asymmetric cost pass-through) refers to pricing phenomenon occurring when downstream prices react in a different manner to upstream price changes, depending on the characteristics of upstream prices or changes in those prices.
Pass through device (automotive) Passthrough, a term used to describe the use of cameras with head-up displays to render augmented reality objects in front of a user's vision; Passthrough (architecture), an opening between the kitchen and the dining room; Pass-through (economics), offsetting a change in costs by changing prices Exchange-rate ...
The effects of certain kinds of taxes, for example, the property tax, including their economic incidence, efficiency properties and distributional implications, have been the subject of a long and contentious debate among economists. [14] The empirical evidence tends to support different economic models under different circumstances.
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy—what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows. — John Kenneth Galbraith [136]
Through much of the last century, America's faith in freedom and democracy was a rock in a raging sea. Now it is a seed upon the wind, taking root in many nations. Our democratic faith is more ...
Pass-throughs are the basic structure on which securitizations are built; see mortgage-backed security, asset-backed security and collateralized debt obligation. The advantage of these structures is that they serve as a means of diversifying the asset pool and/or increasing the demand for, and size of the offering.