export prices denominated in the currency of the exporting country in response to a one percent change in the exchange rate …

debt and in so doing restricting private access to international capital markets or to default on domestic debt, thereby … depth of the banking system and the extent of the corporate sector's reliance on foreign capital markets vis-a-vis domestic … credit markets have the potential to explain the patterns of discrimination observed in the data. …

This paper estimates monthly pass-through ratios from import prices to consumer prices in real time. Conventional time … series methods impose restrictions to generate exogenous shocks on exchange rates or import prices when estimating pass …-through coefficients. Instead, a natural experiment based on data releases defines our shock to foreign prices. Our estimation strategy …

The Harmonized Index of Consumer Prices (HICP) is the primary measure of inflation in the euro area, and plays a … stability as "…a year-on-year increase in the Harmonised Index of Consumer Prices (HICP) for the euro area of below 2 percent …