This paper examines the extent and evolution of exchange rate pass-through (ERPT) using panel cointegration approach … area. The observed decline in ERPT to import prices was synchronous to the shift towards reduced inflation regime. …

This paper takes a panel cointegration approach to the estimation of short- and long-run exchange rate pass …-through (ERPT) to import prices in the European countries. Although economic theory suggests a long-run relationship between import … establish. Resorting to novel tests for panel cointegration, we find support for the equilibrium relationship hypothesis …

) into import prices. In order to classify his sample of 24 developing countries by regimes of inflation, Barhoumi [(2006 …), “Differences in long run exchange rate pass-through into import prices in developing countries: An empirical investigation …. For more accuracy, our study proposes to use a panel threshold framework where a grid search is used to select the …