New Keynesian Exchange Rate Pass-Through /
Using the theory of optimal local currency pricing, this paper constructs a structural equation to estimate the rate at which foreign producer prices pass through the local currency prices of imported goods in the U.S. This can be viewed as measuring exchange rate pass-through, in line with price st...
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Altres autors: | |
Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2008.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2008/213 |
Accés en línia: | Full text available on IMF |