Cheikh, Nidhaleddine Ben; Rault, Christophe - 2017
factors vs. macroeconomic factors in influencing the extent of the exchange rate pass-through (ERPT). As a first step, we … a dynamic panel-data model, our estimates indicate that decline of import-price sensitivity to the exchange rate is not … Eurozone, as the responsiveness of import prices to exchange rate fluctuations tends to decline in a low and more stable …