Exchange Rate Pass-through: Theory and Evidence

The resilience of trade balances of the major industrialised economies to changes in their exchange rates has evoked interest in the exchange rate pass-through relationship. So far, there has not been a comprehensive survey of this literature. The paper aims to fill this gap in two ways. First, it pieces together the theoretical literature on exchange rate pass-through. Second, it provides a critical survey of the empirical literature on exchange rate passthrough. Emphasis is placed on the data and methodology employed in previous work. This is done in order to guide future work in this growing area of research.


Issue Date:
Jul 01 1993
Publication Type:
Working or Discussion Paper
Language:
English
Total Pages:
51
JEL Codes:
F31; F32; F17
Series Statement:
Preliminary Working Paper No. IP-59




 Record created 2018-01-05, last modified 2018-01-22

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