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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Bibliografiska uppgifter
Huvudupphovsman: Carriere-Swallow, Yan
Övriga upphovsmän: Gruss, Bertrand, Magud, Nicolas, Valencia, Fabian
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Working Papers; Working Paper ; No. 2016/240
Länkar:Full text available on IMF