Narrow search
Showing 1 - 10 of 6,152
Cover Image
Exchange rate pass-through to consumer prices: a European perspective
Schröder, Michael; Hüfner, Felix P. - 2002
We study the pass-through of exchange rate changes to consumer prices for the euro area by estimating vector error correction models for Germany, France, Italy, the Netherlands and Spain. Using the weights of the Harmonized Index of Consumer Prices (HICP) we compute a weighted average of the...
Persistent link: https://www.econbiz.de/10010298101
Cover Image
Conditional exchange rate pass-through : evidence from Sweden
Corbo, Vesna; Di Casola, Paola - 2018
The pass-through from exchange rate changes to inflation differs depending on the underlying shock. This paper …
Persistent link: https://www.econbiz.de/10011806006
Cover Image
Exchange rate pass-through in Russia
Ponomarev, Jurij; Trunin, Pavel V.; Uljukaev, Aleksej V. - 2014
The article provides estimates of short-run and medium-run exchange rate pass-through into domestic prices in Russia during the period of 2000–2012 using vector error correction model. Exchange rate pass-through asymmetry estimates, its assessments on different sub-periods and exchange rate...
Persistent link: https://www.econbiz.de/10011398366
Cover Image
Exchange Rate Pass-Through to Domestic Prices in Nigeria : An Empirical Investigation
Zubair, Abdulrasheed - 2015
This paper uses the impulse response from an estimated structural autoregressive model of the inflation process to … elasticity of inflation to exchange rate changes is about 0.02, and it takes about eight quarters to reach its full-impact of … variance decomposition analysis suggests that money supply has contributed more to Nigeria's inflation process relative to the …
Persistent link: https://www.econbiz.de/10013020686
Cover Image
The imported price, inflation and exchange rate pass-through in China
Yue, Liu Hai; Chen, Xiao Lan - In: Cogent economics & finance 5 (2017) 1, pp. 1-13
This paper considers the effect of exchange rate (ER) level on China’s domestic prices during the period of 2003–2012. We examine China’s consumer price index (CPI), import price index (IPI) and producer price index (PPI) by using time series vector error correction analysis. The main...
Persistent link: https://www.econbiz.de/10011598073
Cover Image
Drivers of consumer prices and exchange rates in small open economies
Corbo, Vesna; Di Casola, Paola - 2020
economies, we find that the main driver of consumer price inflation is the global demand shock. A negative global demand shock …
Persistent link: https://www.econbiz.de/10012176017
Cover Image
Inflation, Openness, and Exchange-Rate-Regimes
Alfaro, Laura - 2009
does not play a role in restricting inflation in the short-run. On the other hand, a fixed exchange-rate regime plays a … significant role. The results are robust to controlling for other variables that determine inflation, performing sensitivity …
Persistent link: https://www.econbiz.de/10014029404
Cover Image
Heterogeneity in the exchange rate pass-through to consumer prices : the Swiss franc appreciation of 2015
Oktay, Alex - In: Swiss journal of economics and statistics 158 (2022) 1, pp. 1-20
This paper analyzes the exchange rate pass-through to consumer prices for 85 categories of goods and services in Switzerland. The pass-through estimates are computed using a synthetic difference-in-differences approach that exploits the large Swiss franc appreciation that followed the unexpected...
Persistent link: https://www.econbiz.de/10013542077
Cover Image
Shocks versus structure : explaining differences in exchange rate pass-through across countries and time
Forbes, Kristin; Hjortsoe, Ida; Nenova, Tsvetelina - 2017
. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …
Persistent link: https://www.econbiz.de/10011671018
Cover Image
The behaviour of the real effective exchange rate of South Africa : is there a misalignment?
Khomo, Melvin M.; Aziakpono, Meshach Jesse - In: Cogent economics & finance 8 (2020) 1, pp. 1-16
This paper examines the extent of misalignment of the real effective exchange rate (REER) of South African rand. With …, external openness, capital flows and government expenditure. The MSM correctly captures exchange rate misalignment as distinct …
Persistent link: https://www.econbiz.de/10012440315