Exchange Rate Pass-Through in Brazil /

In the last two years the real has undergone a large depreciation and the central bank has missed its inflation target in 2002 for the second year in a row. Inflation, however, has increased much less than the rate of currency depreciation and the pickup in inflation in the last quarter of 2002 rais...

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Xehetasun bibliografikoak
Egile nagusia: Belaisch, Agnes
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2003.
Saila:IMF Working Papers; Working Paper ; No. 2003/141
Sarrera elektronikoa:Full text available on IMF
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100 1 |a Belaisch, Agnes. 
245 1 0 |a Exchange Rate Pass-Through in Brazil /  |c Agnes Belaisch. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2003. 
300 |a 1 online resource (19 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a In the last two years the real has undergone a large depreciation and the central bank has missed its inflation target in 2002 for the second year in a row. Inflation, however, has increased much less than the rate of currency depreciation and the pickup in inflation in the last quarter of 2002 raises the question of whether the exchange rate passthrough has finally risen. This paper argues that the passthrough in Brazil has fallen compared with estimates in other studies on earlier time periods, and remains low when compared with the passthrough in other Latin American countries. Indeed the passthrough is more comparable with that of G-7 countries-although in Brazil the effect on prices appears to be faster. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2003/141 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2003/141/001.2003.issue-141-en.xml  |z IMF e-Library