[PDF] Top 20 Exchange rate pass-through into import prices revisited: What drives it?

... FX rate volatility have a signi…cantly positive coe¢ cient con…rming that the extent of import pass-through is endogenous to a country’s monetary policy; it is noteworthy (but not surprising) ... See full document

... Complete pass-through is also rejected in the short run for the vast majority of EMs (14 cases) and DMs (14 ...complete pass-through, as one would expect, but 8 EMs and 6 DMs are still found ... See full document

... Permanent repository link: http://openaccess.city.ac.uk/15731/ Link to published version: http://dx.doi.org/10.1016/j.jimonfin.2012.01.009 Copyright and reuse: City Research Online aims [r] ... See full document

... standard pass-through regressions, although a concern, does not materially alter the literature’s view that pass-through to ...U.S. import prices is low over typical forecast ... See full document

... the exchange rate has the expected negative long-run effect on the producer price index ...of import prices on the consumer price index (CPI) in Swedish data is relatively weak, even though ... See full document

... compares exchange rate pass-though on aggregate prices in the US, Germany and Japan across a number of ...a pass-though sensitivity analysis of alternative pass-through ... See full document

... oil prices, gdp, interest rates, exchange rate, import prices, producer prices and CPI ...interest rate is ordered before the exchange rate as proposed by ... See full document

... of exchange rate fluctuations into the prices of internationally-traded ...of exchange rate pass-through (ERPT) is motivated by its relevance for understanding the likely ... See full document

... estimate exchange rate pass-through into import prices in some Southeast Asia ...the exchange rate pass-through in some developing countries including ... See full document

... of exchange rate fluctuations into the prices of internationally-traded ...of exchange rate pass-through (ERPT) is motivated by its relevance for understanding the likely ... See full document

... that exchange rate movements and monetary expansion affect consumer price inflation in sub-Saharan Africa ...that exchange rates have a significant “Granger causal” impact on prices in ... See full document

... the exchange rates to the exogenous shocks came to the centre of an academic discussion shortly after a break-down of a Bretton Woods system of fixed exchange rates at the beginning of the ...foreign ... See full document

... foreign exchange rate is different from those of its decrease, so in the recent studies, the exchange rate asymmetric pass-through on imports price index has been investigated ... See full document

... the exchange rate regime is limited to the economic impact on growth, the role of such regimes affecting the economic growth - particularly the costs and benefits of developing a different exchange ... See full document

... incomplete exchange rate pass-through and RMB exchange rate pass through effect coefficient is ...the pass-through effect of RMB exchange ... See full document

... magnitude pass-through of euro/DZ exchange rate to CPI is more than one (complete) compared 30% ranges for the US dollar /DZ exchange ...commodity prices especially between 2007 ... See full document

... exchange rate market to ensure stability and smoothness, indicating a regime of “dirty ...the exchange rates are likely to affect the import prices which can make the end products ... See full document

... export prices with shocks from macro data series to study the sensitivity of estimated ERPT to the explanatory variables that our reduced form estimates suggest are ...the exchange rate on marginal ... See full document

... in Import Tariffs and Removal of Trade Restrictions: Frankel et al (2005) argue that any theory of incomplete pass- through must posit some barrier to arbitrage of a good between country of origin ... See full document

... the prices of imported goods do not fully reflect exchange rate ...the exchange rate elasticity of import prices is rather ...incomplete exchange rate ... See full document