This paper takes a panel cointegration approach to the estimation of short- and long-run exchange rate pass …-through (ERPT) to import prices in the European countries. Although economic theory suggests a long-run relationship between import … establish. Resorting to novel tests for panel cointegration, we find support for the equilibrium relationship hypothesis …

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 …

This study analyzes the exchange rate pass-through into German import prices based on disaggregated data taken on a …-run and long-run pass-through coefficients. Secondly, in a panel data approach we estimate time-varying pass …

This study analyzes the exchange rate pass-through into German import prices based on disaggregated data taken on a … long-run pass-through coefficients. Secondly, in a panel data approach we estimate time-varying pass-through coefficients …