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Interactions Between Exchange Rates and Import Prices: What Have We Learned?

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  • Mina Kim

Abstract

Globalization has deepened economic interdependence among countries as firms seek to take advantage of international trade to source production where it is cheapest, and investors look to global financial markets to diversify their portfolios. One need only look at the global financial crisis of 2007?08 and the associated global recession to grasp the extent of globalization.

Suggested Citation

  • Mina Kim, 2016. "Interactions Between Exchange Rates and Import Prices: What Have We Learned?," Annual Report, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas, pages 26-31.
    • Handle: RePEc:fip:feddgm:00035
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    References listed on IDEAS

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    1. Mina Kim & Deokwoo Nam & Jian Wang & Jason J. Wu, 2013. "International trade price stickiness and exchange rate pass-through in micro data: a case study on U.S.–China trade," Globalization Institute Working Papers 135, Federal Reserve Bank of Dallas.
    2. Forbes, Kristin & Hjortsoe, Ida & Nenova, Tsvetelina, 2018. "The shocks matter: Improving our estimates of exchange rate pass-through," Journal of International Economics, Elsevier, vol. 114(C), pages 255-275.
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    14. Mina Kim & Deokwoo Nam & Jian Wang & Jason Wu, 2013. "International Trade Price Stickiness and Exchange Rate and Pass-Through in Micro Data: A Case Study on US-China Trade," Working Papers 202013, Hong Kong Institute for Monetary Research.
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