Markov-switching analysis of exchange rate pass-through: perspective from Asian countries

This study presents a nonlinear pass-through from the exchange rate to domestic prices drawn from a dataset of six Asian countries. Using the Markov-switching model, it is found that there are two regimes. The extent of the pass-through is incomplete and is found to be significantly lower in stable...

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Bibliographic Details
Main Authors: Ahmad Zubaidi Baharumshah, Siew-Voon Soon, Mark Wohar
Format: Default Article
Published: 2017
Subjects:
Other commerce, management, tourism and services not elsewhere classified
Exchange rate pass-through
Inflation
Shock absorber
Structural breaks
Business and Management not elsewhere classified
Online Access:https://hdl.handle.net/2134/27381
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