Cao, Shutao; Dong, Wei; Tomlin, Ben - Bank of Canada - 2012
depreciation in Canadian dollar is associated with a 0.18 (0.25 conditional on price changes in the currency of pricing) percent … increase in domestic prices, and a 0.39 (0.60 conditional on price changes in the currency of pricing) percent increase in … export prices (once prices are converted into a single currency). Next, we find that there is an important difference in …