Series: IMF Working Papers
Author(s): Hamid Faruqee , Dalia Hakura , and Ehsan Choudhri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2002
Keywords: New open economy macroeconomic models, exchange rate, exchange rate shock, exchange rate pass, open economy, import prices, Open Economy Macroeconomics,
This paper examines the performance of different new open economy macroeconomic models in explaining the exchange rate pass-through in a wide range of prices. Quantitative versions of different models are used to d...