The Exchange Rate Pass -Through to Import and Export Prices : The Role of Nominal Rigidities and Currency Choice »
Series: IMF Working Papers
Author(s): Ehsan Choudhri , and Dalia Hakura
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2012
Keywords: import and export prices, nominal rigidities, currency choice, exchange rate, export price, import price, exchange rate pass, export prices, International Policy Coordination and Transmission, Open Economy Macroeconomics,
Using both regression- and VAR-based estimates, the paper finds that the exchange rate pass-through to import prices for a large number of countries is incomplete and larger than the pass-through to export prices....