Comunale, Mariarosaria; Kunovac, Davor - Task Force on Low Inflation (LIFT) - 2017
In this paper we analyse the exchange rate pass-through (ERPT) in the euro area as a whole and for four euro area … may depend on a composition of economic shocks governing the exchange rate. Regarding the relative importance of … individual shocks, it seems that pass-through is the strongest when the exchange rate movement is triggered by (relative …