Is a more stable exchange rate associated with reduced exchange rate pass-through?

被引:0
|
作者
Holmes, Mark J. [1 ]
机构
[1] Univ Waikato, Hamilton, New Zealand
来源
ECONOMICS BULLETIN | 2007年 / 6卷
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暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Pass-through from the nominal effective exchange rate to import prices is modelled within a regime-switching environment. Evidence suggests that exchange rate pass through can be characterised as regime-specific where the probability of switching between regimes is influenced by the extent of exchange rate volatility.
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页数:12
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