Federal Reserve Bank of Cleveland: 'Firm Size, Heterogeneous Strategic Complementarities, and Real Rigidity'
November 26, 2025
November 26, 2025
CLEVELAND, Ohio, Nov. 26 (TNSLrpt) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 25-14R) on November 25, 2025, by Takushi Kurozumi and Willem Van Zandweghe entitled "Firm Size, Heterogeneous Strategic Complementarities, and Real Rigidity."
Here are excerpts:
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Recent research finds that only large firms exhibit strategic complementarities in price setting. Using firm survey data, we show that cost pass-through . . .
Here are excerpts:
* * *
Recent research finds that only large firms exhibit strategic complementarities in price setting. Using firm survey data, we show that cost pass-through . . .