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Aggregate exchange rate pass-through (ERPT) to import and consumer prices in the EU is currently lower than it was in … movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across countries … structural characteristics explain ERPT across industries or sectors: (i) import content of consumption, (ii) share of imports …
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investigate the pass-through of RMB nominal effective exchange rate (NEER) into China's CPI inflation during the period 1994Q1 …-2011Q1. It is found that after controlling for the major determinants of the China's CPI inflation, the effect of RMB NEER … changes on CPI inflation is very limited, and the biggest effect is from the second lag of NEER change, however, the magnitude …
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