Exchange rate pass-through to bilateral import prices
AbstractThis paper estimates exchange rate pass-through for a unique set of bilateral US import prices over the period 1992-2006. It finds evidence of a significant decline in pass-through to US import prices from some, but not all, of the trading partners in the sample. These differences rule out a universal decline in pass-through rates to bilateral US import prices. They further indicate a growing divergence in the import price response to a uniform dollar decline.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of International Money and Finance.
Volume (Year): 29 (2010)
Issue (Month): 8 (December)
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Web page: http://www.elsevier.com/locate/inca/30443
Exchange rate Pass-through Import prices;
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