Exchange Rate Pass-Through to Domestic Prices : Does the Inflationary Environment Matter? /

The paper tests a hypothesis suggested by Taylor (2000) that a low inflationary environment leads to a low exchange rate pass-through to domestic prices. To test this hypothesis, the paper derives a pass-through relation based on new open economy macroeconomic models. A large database that includes...

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Détails bibliographiques
Auteur principal: Hakura, Dalia
Autres auteurs: Choudhri, Ehsan
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2001.
Collection:IMF Working Papers; Working Paper ; No. 2001/194
Accès en ligne:Full text available on IMF