Exchange rate pass-through on prices: A regional analysis

被引：0
|
作者：
Castillo-Ponce, Ramon A. [1 ,2 ]
Varela-Llamas, Rogelio [1 ]
Manuel Ocegueda-Hernandez, Juan [1 ]
机构：
[1] Univ Autonoma Baja California, Fac Econ & Relac Internac, Mexicali, Baja California, Mexico
[2] Univ Estatal Calif Los Angeles, Dept Econ & Estadist, Los Angeles, CA USA
来源：
ECONOMIA SOCIEDAD Y TERRITORIO | 2013年 / 13卷 / 43期
关键词：
exchange rate pass-through; regional inflation; co-integration; common cycles;
D O I：
暂无
中图分类号：
C [社会科学总论];
学科分类号：
03 ; 0303 ;
摘要：
We evaluate the pass-through of the exchange rate on the price level in Mexico. We consider the national consumer price index and regional price indexes. The analysis is implemented for the long-and short-run. The results show that the pass-through has decreased at national and regional levels for both time horizons. In the long-run the reduction is similar across regions; in the short-run, however, this is different. While in some regions the transitory effect persists, in others it does not. This suggests that each region exhibits specific socioeconomic characteristics that produce distinct inflationary dynamics.
引用
收藏
页码：675 / 695
页数：21
相关论文
共 50 条
12345