Ben Cheikh, Nidhaleddine - 2014
This paper provides an update on the exchange rate pass-through (ERPT) estimates for 12 Euro area (EA) countries. First … towards more stable macroeconomic conditions across Euro Area (EA) Member States. Second, when assessing the stability of pass …-through elasticities we find very weak evidence of a decline around the inception of the Euro in 1999. However, our results reveal that a …