Capistrán Carmona, Carlos; Ibarra-Ramírez, Raúl; … - 2011
This paper analyzes the pass-through of exchange rate to different price indexes in Mexico. The analysis is based on a … vector autoregressive model (VAR) using monthly data from January 1997 to December 2010. The pass-through effects are … that the exchange rate pass-through to import prices is complete, but it declines along the distribution chain in such a …