Accessibility navigation


Exchange rate pass-through to prices in macrodata: a comparative sensitivity analysis

Mihailov, A. ORCID: https://orcid.org/0000-0003-4307-4029 (2009) Exchange rate pass-through to prices in macrodata: a comparative sensitivity analysis. International Journal of Finance & Economics, 14 (4). pp. 346-377. ISSN 1099-1158

Full text not archived in this repository.

It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing.

To link to this item DOI: 10.1002/ijfe.376

Abstract/Summary

This paper compares exchange rate pass-through to aggregate prices in the US, Germany and Japan across a number of dimensions. Building on the empirical approaches in the recent literature, our contribution is to perform a thorough sensitivity analysis of pass-through estimates. We find that the econometric method, data frequency and variable proxy employed matter for the precision of details, yet they often agree on some general trends. Thus, pass-through to import prices has declined in the 1990s relative to the 1980s, pass-through to export prices remains country-specific and pass-through to consumer prices is nowadays negligible in all three economies we considered.

Item Type:Article
Refereed:Yes
Divisions:Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics
ID Code:17746
Publisher:Wiley-Blackwell

University Staff: Request a correction | Centaur Editors: Update this record

Page navigation