Border prices of traded goods are highly sensitive to exchange rates; however, the consumer price index (CPI) and the … retail prices of goods that make up the CPI are more stable. This paper decomposes the sources of this price stability for … distribution margins and imported inputs in transmitting exchange rate fluctuations into consumption prices. We provide rich cross …

exchange rate movements and import prices. Recent debates hinge on whether producer-currency-pricing (PCP) or local currency … into import prices. However, for OECD countries, the most important determinants of changes in pass-through over time are …

three reasons for the change in pass-through into the retail prices of goods. First, pass-through may have declined at the … level of import prices, but the evidence is mixed over types of goods and countries. Second, there has been a large … heightened sensitivity to import prices and exchange rates. Finally, we consider whether there have been changing sectoral …

Although the effects of economic news announcements on asset prices are well established, these relationships are … that have the largest effects on asset prices. The time variation in effects is explained by economic conditions, including …

This paper presents an empirical analysis of transmission rates from exchange rate movements to import prices, across … exchange rate changes to import prices in the short run is high, although incomplete, and that it differs across industries and … declined, structural breaks in exchange rate pass-through into import prices are evident only in a limited sample of …