For more than half a century, the US dollar has been not just America's currency but the world's. It is used globally by importers, exporters, investors, governments and central banks …
A major challenge for monetary policy is predicting how exchange rate movements will impact inflation. We propose a new focus: directly incorporating the underlying shocks that …
M Bussiere - Oxford Bulletin of Economics and Statistics, 2013 - Wiley Online Library
A standard assumption in the empirical literature is that exchange rate pass‐through is both linear and symmetric. This study tests these assumptions for export and import prices in the …
M Ca'Zorzi, E Hahn, M Sánchez - 2007 - papers.ssrn.com
This paper examines the degree of Exchange Rate Pass-Through (ERPT) to prices in 12 emerging markets in Asia, Latin America, and Central and Eastern Europe. Our results …
Over the past 20 years, US import prices have become less responsive to the exchange rate. We propose that a significant portion of this decline is a result of increased trade integration …
An elegant synthesis of key research on the globalization of production and its relation to wage movements. In the early 1990s, trade and labor economists, noting the fall in wages …
This paper estimates export and import price equations for 40 countries—including 22 emerging market economies (EMEs)—and aims to understand heterogeneity across …
A López-Villavicencio, V Mignon - Journal of International Money and …, 2017 - Elsevier
In this paper, we estimate the exchange rate pass-through (ERPT) to import and consumer prices for a sample of 14 emerging countries over the 1994Q1-2015Q3 period. To this end …