Keywords: Exchange rate pass-through
, global structural models.
"Currency Choice and Exchange Rate Pass-Through
." American Economic Review 100, no.
Fabling, R, and Sanderson, L (2013) 'Export performance, invoice currency, and heterogeneous exchange rate pass-through
' RBNZ Discussion Paper 2013/01.
Understanding exchange rate pass-through
, defined as the impact of the exchange rate on domestic prices, is therefore important to policymakers with regard to the stabilization of CIS economies following the global financial crisis.
Itskhoki and I advance this literature by developing a new comparison of exchange rate pass-through
and frequency of price adjustment across goods.
VAR results of real exchange rate pass-through
hypothesis from real exchange rate to prices are reported in Table 3.
Although economists have extensively discussed the costs and benefits of fixed and flexible exchange rate regimes, an opportunity to further explore the economic implications of these regimes is presented in the exchange rate pass-through
Finally, we explore the role of product durability in exchange rate pass-through
We aim to analyze the evolution of "exchange rate pass-through
" (ERPT) process, demonstrate the change (if any) in this process, and identify the determinants of this change.
We introduce the theoretical model and examine the impacts of industry-specific factors on exchange rate pass-through
in Section 2.