Narrow search
Showing 1 - 10 of 520
Cover Image
The Exchange Rate Pass -Through to Import and Export Prices : The Role of Nominal Rigidities and Currency Choice
Choudhri, Ehsan U. - 2012
Using both regression- and VAR-based estimates, the paper finds that the exchange rate pass-through to import prices for a large number of countries is incomplete and larger than the pass-through to export prices. Previous studies have reported similar results, which give rise to the puzzle that...
Persistent link: https://www.econbiz.de/10014395710
Cover Image
Exchange rate volatility and pass-through to inflation in South Africa
Miyajima, Ken - 2019
Does the South African rand's relatively large volatility affect inflation? To shed some light on this question, a … standard estimation technique of exchange rate pass-through to inflation is extended to incorporate exchange rate volatility …. Estimated results suggest that higher exchange rate volatility tends to increase core inflation but to a relatively limited …
Persistent link: https://www.econbiz.de/10012155038
Cover Image
Exchange Rate Volatility, Pricing to Market and Trade Smoothing
Faruqee, Hamid - 1997
This paper investigates the consequences of exchange rate volatility on the variability of export prices and quantities …
Persistent link: https://www.econbiz.de/10014400392
Cover Image
FX funding risks and exchange rate volatility : Korea’s case
Ree, Jack Joo K.; Yoon, Kyoungsoo; Park, Hail - 2012
This paper examines how exchange rate volatility and Korean banks' foreign exchange liquidity mismatches interacted …
Persistent link: https://www.econbiz.de/10009679020
Cover Image
The exchange rate pass-through to import and export prices : the role of nominal rigidities and currency choice
Choudhri, Ehsan U.; Hakura, Dalia S. - 2012
Using both regression- and VAR-based estimates, the paper finds that the exchange rate pass-through to import prices for a large number of countries is incomplete and larger than the pass-through to export prices. Previous studies have reported similar results, which give rise to the puzzle that...
Persistent link: https://www.econbiz.de/10009622459
Cover Image
Pass-through of imported input prices to domestic producer prices : evidence from sector-level data
Ahn, JaeBin; Park, Chang-Gui; Park, Chanho - 2016
Motivated by stylized facts pointing to a dominant role of imported inputs in transmitting external price shocks to domestic prices, this paper zooms in to study the pass-through of imported input costs to domestic producer prices. Our approach constructs effective input price indices from...
Persistent link: https://www.econbiz.de/10011436732
Cover Image
An empirical assessment of the exchange rate pass-through in Mozambique
Aisen, Ari; Manguinhane, Edson; Simione, Félix F. - 2021
Determining the magnitude and speed of the exchange rate passthrough (ERPT) to inflation has been of paramount importance for policy-makers in developed and emerging economies. This paper estimates the exchange rate passthrough in Mozambique using econometric techniques on a sample spanning from...
Persistent link: https://www.econbiz.de/10012613475
Cover Image
Tunisia monetary policy since the Arab Spring : the fall of the exchange rate anchor and rise of inflation targeting
El Hamiani Khatat, Mariam; End, Nicolas; Kolsi, Rym - 2020
In this paper, we argue that inflation targeting could be the future of Tunisia's monetary policy. Monetary targeting has proven to be ineffective due to the composition of reserve money, structural liquidity deficit, and higher instability of the money multiplier after 2010. Exchange rate...
Persistent link: https://www.econbiz.de/10012301899
Cover Image
Exchange rates and trade : a disconnect?
Leigh, Daniel; Lian, Weicheng; Poplawski-Ribeiro, Marcos; … - 2017
We examine the stability and strength of the relationship between exchange rates and trade over time using three alternative approaches, mitigating the endogeneity of the relation. We find that both exchange rate pass-through and the price elasticity of trade volumes are largely stable over...
Persistent link: https://www.econbiz.de/10011716736
Cover Image
Firm-level data and monetary policy : the case of a middle-income country
Bounader, Lahcen; Doukali, Mohamed - 2019
We test the existence of the balance sheet channel of monetary policy in a middle-income country. Firm-level data scarcity and quality, in such a context, make the identification of this channel a steep challenge. To circumvent this challenge, we use panel instrumental variables estimation with...
Persistent link: https://www.econbiz.de/10012154690