Cheikh, Nidhaleddine Ben; Rault, Christophe - 2017
In this paper, we evaluate the first-stage pass-through, namely the responsiveness of import prices to the exchange … conduct a sectoral analysis using disaggregated import prices data. We find a much higher degree of pass-through for more … a dynamic panel-data model, our estimates indicate that decline of import-price sensitivity to the exchange rate is not …
