Exchange rate pass-through in the Asian countries: does inflation volatility matter?
This paper presents a nonlinear relationship between exchange rate pass-through (ERPT) and inflation volatility. Through the lens of a threshold framework, we uncover a clear evidence of near to one ERPT to consumer prices once inflation volatility crosses a threshold level of 4.17. Clearly, there a...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Routledge
2018
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| Online Access: | http://psasir.upm.edu.my/id/eprint/72658/1/Exchange%20rate%20pass-through%20in%20the%20Asian%20countries.pdf |