Aleem, Abdul; Lahiani, Amine - In: Research in International Business and Finance 30 (2014) C, pp. 24-33
Considering nonlinearities in the exchange rate pass-through to domestic prices, this paper estimates exchange rate pass-through in Mexico. We examine responses of domestic prices to a positive one unit exchange rate shock by estimating a threshold vector autoregression (TVAR) model. A monthly...