Aisen, Ari; Manguinhane, Edson; Simione, Félix F. - 2021
Determining the magnitude and speed of the exchange rate passthrough (ERPT) to inflation has been of paramount … importance for policy-makers in developed and emerging economies. This paper estimates the exchange rate passthrough in …, sizable and fast, with 50 percent of the exchange rate variations passing through to prices in less than six months. Policy …