Showing 1 - 10 of 1,809
0.23% increase in prices of the US imports in the short run and 0.47% in the long run. Japanese import prices were … of the yuan against the yen, Japanese import prices would be expected to rise 0.55% in the short run and 0.99%, a …
Persistent link: https://www.econbiz.de/10010286187
The paper discusses the issue of estimating short- and long-run exchange rate pass-through to import prices in euro … suggest a cointegrating relationship (between import unit values, the exchange rate and foreign prices), which is typically … ignored in existing empirical studies. We use time series and up-to-date panel data techniques to test for cointegration with …
Persistent link: https://www.econbiz.de/10010295304
This paper estimates export and import price equations for 41 countries –including 28 emerging market economies … differentiation also play a role; (iii) export and import price elasticities tend to be strongly correlated across countries; (iv …) pass-through to import prices has declined in some advanced economies, noticeably the United States; this is consistent …
Persistent link: https://www.econbiz.de/10011604997
The question as to whether the globalisation-related increase in competitive pressure may have caused the importance of exchange rate pass-through and pricing-to-market for export pricing in Germany to shift since the 1990s is addressed by testing the long-run export pricing behaviour of German...
Persistent link: https://www.econbiz.de/10010295826
Since changes in import prices feed into consumer prices and thus might affect monetary policy decisions, policymakers … shifts in the importance of cost passthrough and pricing-to-market for import pricing in Germany that may have ocurred since …) approach is applied to test the import price levels for changes in the impact of their determinants. After aggregating the …
Persistent link: https://www.econbiz.de/10010298761
various price (sub-)indices. Passthrough to import prices is substantial both in the short-run and in the long-run and occurs …
Persistent link: https://www.econbiz.de/10010316049
, the response of an import price index to exchange rate movements may be underestimated because some import price changes … that pass-through to U.S. import prices is low over the short- to medium-term horizons that are most useful for both …
Persistent link: https://www.econbiz.de/10010287175
observed stability of import prices "at the border". Hence, these mechanisms help to explain the observed stability of import …
Persistent link: https://www.econbiz.de/10011506656
Recent literature has argued that exchange rate pass-through (ERPT) into domestic inflation has been declining in many countries following a dramatic change in inflation environment during the 1990s. Available empirical results face two central challenges: (i) the evidence on declining ERPT is...
Persistent link: https://www.econbiz.de/10010277863
theoretical framework that combines variable markups due to strategic complementarities and endogenous choice to import … intermediate inputs. The model predicts that firms with high import shares and high market shares have low exchange rate pass … destination and imports by source country. We confi rm that import intensity and market share are the prime determinants of pass …
Persistent link: https://www.econbiz.de/10010333649