Exchange Rate Pass|Through

Exchange-rate pass-through ... Exchange-rate pass-through (ERPT) is a measure of how responsive international prices are to changes in exchange rates. Formally, ...

Exchange Rate Pass-Through into Import Prices

Low import price pass- through means that nominal exchange rate fluctuations may lead to lower expenditure switching effects of domestic monetary policy. As a ...

Inflation and Exchange Rate Pass-Through - World Bank Documents

The degree to which domestic prices adjust to exchange rate movements is key to understanding inflation dynamics, and hence to guiding monetary policy.

Exchange Rate Pass-through - an overview | ScienceDirect Topics

An approach to decompose movements in CPI-based RER into two components: movements in the relative price of tradeable goods across countries, and movements in ...

Understanding Changes in Exchange Rate Pass-Through

Abstract Recent research suggests that there has been a decline in the extent to which firms. “pass through” changes in exchange rates to prices.

Sectoral exchange rate pass-through in the euro area

We study exchange rate pass-through (ERPT), i.e., the impact of exchange rate move- ments on inflation, focusing on euro area import prices at a sectorally ...

Publication: Inflation and Exchange Rate Pass-Through

This paper brings to light two fundamental factors accounting for these variations: the nature of the shock triggering currency movements and country-specific ...

State-Dependent Exchange Rate Pass-Through

We document that exchange rate pass-through significantly larger during periods of high inflation and elevated uncertainty.

State-dependent exchange rate pass-through - CEPR

We find that pass-through is significantly higher during periods of elevated economic uncertainty and when inflation is already high.

Improving Our Estimates of Exchange Rate Pass-Through

As a result, there is substantially less pass-through to import prices from exchange rate movements primarily driven by demand shocks than other types of shocks ...

A model of exchange rate pass-through - ScienceDirect.com

Abstract. Exchange rate pass-through is the phenomenon whereby changes in the value of foreign exchange are reflected in changes in import prices. This paper ...

Exchange Rate Pass-Through: What Has Changed Since the Crisis?

We study how exchange rate pass-through to CPI inflation has changed since the global financial crisis. We have three main findings. First, exchange rate ...

Currency Choice and Exchange Rate Pass-Through

Currency Choice and Exchange Rate Pass-Through by Gita Gopinath, Oleg Itskhoki and Roberto Rigobon. Published in volume 100, issue 1, pages 304-36 of ...

Exchange Rate Pass-through in South America: An Overview

The effectiveness of exchange rate adjustments depends critically on the extent to which depreciations "pass through" to inflation, an effect that is known ...

Speed of Exchange Rate Pass-Through - Oxford Academic

The exchange rate pass-through (ERPT) measures how much prices of traded goods change in response to exchange rate shocks.

An Empirical Assessment of the Exchange Rate Pass- through in ...

Pass-through of Exchange Rates and Import Prices to Domestic Inflation in Some Industrialized Economies. Eastern Economic Journal, 33(4), 511-537. Mishkin, F. ( ...

Exchange Rate Pass Through: Formula & Inflation Impact - Vaia

Exchange Rate Pass Through (ERPT) is typically defined as the percentage change in local import prices that results from a one percent change in the exchange ...

Exchange Rate Pass-Through in Emerging Asia and Exposure to ...

Exchange rate developments are important considerations for central banks in the sense that they can affect their core mandate of price stability.

Exchange rate pass-through in the euro area and EU countries

Aggregate exchange rate pass-through (ERPT) to import and consumer prices in the. EU is currently lower than it was in the 1990s and is non-linear.

Unequal Exchange Rate Pass-Through across Income Groups

Abstract. Exchange rate pass-through (ERPT) into prices and into income loss are shown to be enough to calculate ERPT into welfare loss by ...