Bhattacharya, Prasad S.; Karayalcin, Cem A.; Thomakos, … - In: Journal of International Money and Finance 27 (2008) 7, pp. 1135-1160
In this paper we explore the extent of exchange rate pass-through for the USA, UK and Japan using a post-Bretton Woods industry-level dataset. We investigate how different channels of exchange rate pass-through affect domestic and import prices. Our analysis is suggestive of two channels of...