months after the exchange rate shock. The long-term pass-through is approximately 50% at the aggregate level. The degree of …

, output growth resumed but inflation remained low. Consequently, the Czech National Bank did not return policy to normal for …, suggesting limited potential effects of the exchange rate commitment on inflation. On the other hand, the pass-through to output … exchange rate commitment on inflation expectations when not paired with temporary price-level targeting. Moreover, we highlight …

short and long-term impact of an exchange rate shock on inflation along the distribution chain in the presence of … shock to a maximum of around 66% in the first year. The equivalent figures on the inflation of producer goods go from 13% to …Determining the exchange rate pass-through on inflation is a necessity for central banks as well as for firms and …

. 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 …