Heads I win; tails you lose: asymmetry in exchange rate pass-through into import prices

We analyse exchange rate pass-through into import prices for a large group of 33 emerging and developed economies from 1980, quarter 1, to 2010, quarter 4. Our error correction models permit asymmetric pass-through for currency appreciations and depreciations over three horizons of interest: on impa...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Journal of the Royal Statistical Society. Series A, Statistics in society Statistics in society, 2017-02, Vol.180 (2), p.587-612
Hauptverfasser:	Brun-Aguerre, Raphael, Fuertes, Ana-Maria, Greenwood-Nimmo, Matthew
Format:	Artikel
Sprache:	eng
Schlagworte:	Asymmetry Consumers Depreciation Economic models Economics Emerging markets Error correction Exchange Exchange rate pass‐through Exports Foreign exchange rates Imports Markets Mathematical models Money Non‐linear auto‐regressive distributed lag model Power Prices Random‐coefficients panel data model Statistics Trade liberalization Welfare
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!