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Federal Reserve Bank of San Francisco: 'Market Power and the Heterogeneous Pass-through of Corporate Taxes to Consumer Prices'
November 09, 2025
SAN FRANCISCO, California, Nov. 9 (TNSLrpt) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2025-25) on november 6, 2025, by Luca Dedola, Chiara Osbat, and Timo Reinelt entitled "Market Power and the Heterogeneous Pass-through of Corporate Taxes to Consumer Prices."

Here are excerpts:

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We study the pass-through of corporate taxes into consumer prices, leveraging 1,058 municipal tax rate changes affecting 4,7 . . .

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