Bhattacharya, Prasad S.; Thomakos, Dimitrios D. - Deakin University, Faculty of Business and Law, School … - 2006
We examine whether industry-level forecasts of CPI and PPI inflation can be improved when we use the “exchange rate pass-through” effect, that is, when we account for the variability of the exchange rate and import prices. We build a forecasting model based on a two or three equation system...