Non-Maturing Deposit (NMD) pass-through rate represents a key parameter needed in the process of interest rate … interest rates is known as the NMD pass-through rate. The goal of this paper is to analyse the variability of NMD pass-through … rates in the 19 Eurozone countries and identify their possible determinants. The pass-through rates are estimated using …

The performance of various monetary rules is investigated in an open economy with incomplete exchange rate pass-through …. Implementing monetary policy through an exchange-rate augmented policy rule does not improve social welfare compared to using an … optimized Taylor rule, irrespective of the degree of pass-through. However, an indirect exchange rate response, through a policy …

inflation, also considering the indirect transmission through the core and food components. We find that, while the contribution …

This study examines the exchange rate pass-through to the United States (US) restaurant and hotel prices by … distributed lag (NARDL) model, empirical evidence indicates asymmetric pass-through of exchange rate and monetary policy … uncertainty. Moreover, a stronger pass-through effect is observed during depreciation and a negative shock in monetary policy …

exchange rate uncertainty increases, the size of its effect on inflation decreases. Moreover, the degree of exchange rate pass-through … decreased through time. …

This paper studies exchange rate pass-through to food and energy consumer price inflation and its dependence on the … candidate economies with quarterly data from 1994 to 2021. We find that exchange rate pass-through is largest for energy CPI … evidence that exchange rate pass-through to food and energy CPI inflation depends on the inflation environment, with higher …

. An important implication of this finding is that single-pricing may be one of the causes of the incomplete pass-through …

We estimate how the rate of pass-through from the exchange rate to domestic prices varies across states of the economy … 30 years, we document that exchange rate pass-through significantly larger during periods of high inflation and elevated … uncertainty. Using a novel identification strategy, we also show that pass-through is higher when exchange rate fluctuations are …