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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Détails bibliographiques
Auteur principal: Cook, David
Autres auteurs: Choi, Woon
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2008.
Collection:IMF Working Papers; Working Paper ; No. 2008/213
Accès en ligne:Full text available on IMF