An empirical study of exchange rate pass-through in China
This paper seeks to estimate exchange rate pass-through in China and investigate its relationship with monetary policy. Linear and VAR models are applied to analyze robustness. The linear model shows that, over the long run, a 1% appreciation of NEER causes a decline in the CPI inflation rate of...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2012-01-01
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| Series: | Panoeconomicus |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2012/1452-595X1202135J.pdf |