The shocks matter: Improving our estimates of exchange rate pass-through
© 2018 Elsevier B.V. A major challenge for monetary policy is predicting how exchange rate movements will impact inflation. We propose a new focus: directly incorporating the underlying shocks that cause exchange rate fluctuations when evaluating how these fluctuations “pass through” to import and c...
Main Authors: | , , |
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Other Authors: | |
Format: | Article |
Language: | English |
Published: |
Elsevier BV
2021
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Online Access: | https://hdl.handle.net/1721.1/135108 |