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This paper assesses the impact of globalization and regionalization on exchange rate pass-through (ERPT) into import …
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to import prices for 24 advanced economies over the period 1995-2015. In line with earlier studies in the literature, we … import prices, while US fiscal policy shocks appear to have the lowest impact. …
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A growing body of empirical work has found evidence of a decline in exchange rate pass-through to import prices in a … case for export prices to other destinations, which is consistent with results in the literature suggesting that import …
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