Monetary Policy Credibility and Exchange Rate Pass-Through /

A long-standing conjecture in macroeconomics is that recent declines in exchange rate pass-through are in part due to improved monetary policy performance. In a large sample of emerging and advanced economies, we find evidence of a strong link between exchange rate pass-through to consumer prices an...

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Hlavní autor: Carriere-Swallow, Yan
Další autoři: Gruss, Bertrand, Magud, Nicolas, Valencia, Fabian
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2016.
Edice:IMF Working Papers; Working Paper ; No. 2016/240
On-line přístup:Full text available on IMF