Campa, Jose M.; Goldberg, Linda S. - IESE Business School, Universidad de Navarra - 2006
at the level of import prices, but the evidence is mixed over types of goods and countries. Second, there has been a … goods have heightened sensitivity to import prices and exchange rates. The final channel we consider is whether there have … increased sensitivity of consumption prices to exchange rates, even if exchange-rate pass-through into import prices has …