Heterogeneous Exchange Rate Pass-Through: Micro-Level
Exchange rate pass-through into import prices: A macro or micro phenomenon?
... stable) pass- through rates, this shift in the relative importance of energy and manufacturing products in import volumes will be shown to account for a significant fraction of the changes observed in the ...
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Exchange Rate Pass-Through into Import Prices: A Macro or Micro Phenomenon?
... Given our breadth of data on aggregated and disaggregated import prices for OECD countries, we also pose an alternative explanation for time series changes in aggregate import price pass[r] ...
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Disinflation and exchange rate pass through
... interest rate, which in turn implies an increase in the demand for real ...about through a reduction in the consumer price ...price level is brought about by the appreciation of the nominal ...
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Essays on Exchange Rate Pass Through
... product level trade transactions for a ...an exchange rate shock to estimate the markup ...firm-product level to eliminate the time-varying marginal cost component from prices in order to ...
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Exchange Rate Pass-Through in Pakistan
... positive pass through under the results of the item-level ...a pass through which came from the current and the three quarters older exchange ...current exchange ...
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Exchange Rate Pass-Through into Import Prices: A Macro or Micro Phenomenon? Abstract
... While exchange rate pass-through has long been of interest, the focus of this interest has evolved considerably over ...1980s exchange rate pass-through studies ...
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Exchange rate pass-through: New evidence from German micro data
... What explains such a spread? A possible explanation is that 8-digit-levels do not describe a speci…c good in all cases. This would contradict my basic assumption and implies that quantity e¤ects and other unobservable ...
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Size matters: asymmetric exchange rate pass-through at the industry level
... of exchange rate changes on import ...the exchange rate pass-through literature is that a change in the exchange rate is less than fully reflected in import ...that ...
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Exchange Rate Pass-Through and Relative Prices: An Industry-Level Empirical Investigation
... different pass-through channels to prices of imported and domestically-produced goods using a monthly industry-level dataset for USA, UK and ...in pass- through to different prices in ...
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Market Structure and Exchange Rate Pass-Through *
... USD pass-through is larger at all monthly horizons, it is at approximately 35% at horizons over one ...Trade-partner pass-through at that horizon is estimated at around only 5%, while nominal ...
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Export Rivalry and Exchange Rate Pass Through
... its exchange rate system from the dollar peg system into a managed floating exchange rate system “with reference to” a currency bas- ket in ...significant exchange rate regime ...
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Quality, trade, and exchange rate pass through
... the heterogeneous reaction of exporting …rms to changes in real exchange rates due to di¤erences in product ...mechanisms through which quality a¤ects the pricing and quantity decisions of …rms ...
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Exchange rate pass through to inflation in Mongolia
... The pass-through of exchange rate to domestic consumer price is an important link in the process of monetary policy ...price level cannot remain immune to external price shocks that are ...
11
Inflation targeting and exchange rate pass-through*
... the level of inflation, researchers have examined whether the degree of ERPT is related to the inflation ...channels through which the adoption of IT may lead to lower ERPT, as under this framework we ...
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Quality, trade, and exchange rate pass through
... We investigate theoretically and empirically the e¤ects of real exchange rate changes on the behavior of …rms exporting multiple products with heterogeneous levels of quality. Our model, which ...
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Currency Choice and Exchange Rate Pass-through
... aggregate level of pass-through varies substantially across ...the pass-through is around 40 percent at all horizons; for Japan and ...France pass-through is always ...
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Currency Choice and Exchange Rate Pass-through
... for exchange rate pass-through and optimal exchange rate ...transaction level information on currency and prices for ...the pass-through of the average good ...
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Exchange Rate Pass-Through in the Euro Area
... Fixed exchange rate environment represented by credible nominal anchor ...fixed exchange rate benefit from disinflationary periods provided that a decision to adopt fixed exchange ...
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Understanding changes in exchange rate pass-through
... real exchange rate ...steady-state level from before it suffered a ...complete pass-through at the level of the individual foreign ...
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Is a more stable exchange rate associated with reduced exchange rate pass-through?
... The micro-foundations of pricing behaviour by exporters are a useful starting point for understanding the dynamics of ERPT into import ...nominal exchange rate (domestic currency per unit foreign ...
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