The pass through from the exchange rate to the consumer prices of tradable goods: An approach to the Colombian case

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The pass through from the exchange rate to the consumer prices of tradable goods: An approach to the Colombian case

Author Info

Dora Elena Jiménez
Hernando Rendón

Abstract

This paper estimates the exchange rate pass through to the consumer prices of tradable goods in Colombia during the period 1994-2007. The econometric analysis shows evidence of cointegration among the prices of tradable goods, nominal exchange rate, international prices and the trade account-output ratio. We find an incomplete transmission effect of the exchange rate both in the long and in the short run.

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Publisher Info
Article provided by Universidad de Antioquia, Departamento de Economía in its journal LECTURAS DE ECONOMÍA.

Volume (Year): (2009)
Issue (Month): 70 ()
Pages: 85-108
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Handle: RePEc:lde:journl:y:2009:i:70:p:85-108

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Find related papers by JEL classification:
E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
F00 - International Economics - - General - - - General
F10 - International Economics - - Trade - - - General

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This page was last updated on 2009-11-29.

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