Showing 1 - 10 of 33,099
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
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
In this study, we examine the connectedness of exchange rate uncertainty and inflation. In an economy with a flexible … price level. We empirically analyze the impact of exchange rate uncertainty on inflation by using panel data from 149 … and positive effect on inflation. We also show that effect of exchange rate uncertainty on inflation is nonlinear. As the …
Persistent link: https://www.econbiz.de/10014308839
unemployment, the optimal policy is to minimize variance of domestic price inflation, wage inflation, and the output gap when both … Taylor-rule type interest rate rule will be welfare-enhancing. Lastly, controlling CPI inflation is the best option when the … of CPI inflation-based Taylor rule is diminished. …
Persistent link: https://www.econbiz.de/10011568378
This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 …
Persistent link: https://www.econbiz.de/10010310642
Persistent link: https://www.econbiz.de/10011988711
supply channel, has limited effects on output growth and price inflation. Unanticipated currency fluctuations appear more … significant, with varying effects on output growth and price inflation across developing countries. …
Persistent link: https://www.econbiz.de/10011213256
This paper examines the effects of exchange rate fluctuations on real output growth and price inflation in a sample of …, both anticipated and unanticipated, decreases real output growth and increases price inflation. The evidence confirms …
Persistent link: https://www.econbiz.de/10009351215
Agents engage in a process of forecasting the exchange rate based on observations of macroeconomic fundamentals. Deviations in the realized exchange rate from agents’ forecasts determine fluctuations in components of the current and financial accounts of the balance of payments in a sample of...
Persistent link: https://www.econbiz.de/10009415626
NEER causes a decline in the CPI inflation rate of 0.132% and PPI inflation rate of 0.495%. The VAR model supports the … influence on CPI pass through, combined with the fact that appreciation diminishes inflation, suggests that the Chinese …
Persistent link: https://www.econbiz.de/10010550464