Non-linear exchange rate pass through in industrial economies
This paper presents theoretical arguments for a non-linear pass-through relationship for import and export prices and investigates the relationship empirically. The theoretical argument is based on the menu-cost approach in which small absolute changes in exchange rates may not prompt price changes...
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| Main Authors: | , |
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| Format: | Default Article |
| Published: |
2017
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| Subjects: | |
| Online Access: | https://hdl.handle.net/2134/21709 |
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