This paper aims at showing heterogeneity in the degree of exchange rate pass-through to import prices in major advanced …

This paper aims at showing heterogeneity in the degree of exchange rate pass-through to import prices in major advanced …

-through to import prices and overall very small pass-through to consumer inflation in the euro area …

this paper, we examine possible non-linearities in the transmission of exchange rate movements to import and consumer … obtain state-dependent impulse response functions. We find that (i) euro area consumer and import prices respond …) for euro area countries results differ for import and consumer prices and across countries …

the conventional wisdom that ERPT into both import and consumer prices is always higher in quot;emergingquot; than in quot …;developedquot; countries. For emerging markets with only one digit inflation (most notably the Asian countries), passthrough to import and … import openness and ERPT, while plausible theoretically, finds only weak empirical support …

) to euro area import prices. The second issue relates to substitution effects between intra- and extra-area trade. These …

This study investigates the degree and speed of the exchange rate pass through (ERPT) into extra-euro area import …