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Exchange Rate Pass-Through and Relative Prices: An Industry-Level Empirical Investigation

  • Prasad Bhattacharya

    ()

  • Cem A. Karayalcin

    ()

  • Dimitrios D. Thomakos

    ()

In this paper we explore the extent of exchange rate pass-through for the USA, UK and Japan using a post-Bretton Woods industry-level dataset. We investigate how different channels of exchange rate pass-through affect domestic and import prices. Our analysis is suggestive of two channels of transmission and we find considerable variation in the extent of pass-through across industries and countries.

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File URL: http://www.deakin.edu.au/buslaw/aef/workingpapers/papers/2006_17eco.pdf
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Paper provided by Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance in its series Economics Series with number 2006_17.

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Date of creation: 27 Nov 2006
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Handle: RePEc:dkn:econwp:eco_2006_17
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