Asymmetries In The Exchange Rate Pass-Through Into Romanian Price Indices
The article examines the asymmetries of the exchange rate pass-through (ERPT) into import, producer and consumer price indices for the Romanian economy. Using three econometric methods naturally equipped to capture various types of asymmetries (MS-VAR, TAR and SETAR), important asymmetries with respect to sign and size of the exchange rate, size of inflation and time period have been detected.
Volume (Year): (2010)
Issue (Month): 1 (March)
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