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 |
| _version_ | 1796979497202876416 |
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| author | Soon, Siew View Baharumshah, Ahmad Zubaidi Wohar, Mark E. |
| author_facet | Soon, Siew View Baharumshah, Ahmad Zubaidi Wohar, Mark E. |
| author_sort | Soon, Siew View |
| collection | UPM |
| description | 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 are significant differences in the degree of ERPT between the high and low inflation volatility in the inflation targeting (IT) and non-IT Asian countries. |
| first_indexed | 2024-03-06T10:09:47Z |
| format | Article |
| id | upm.eprints-72658 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T10:09:47Z |
| publishDate | 2018 |
| publisher | Routledge |
| record_format | dspace |
| spelling | upm.eprints-726582020-11-23T07:33:03Z http://psasir.upm.edu.my/id/eprint/72658/ Exchange rate pass-through in the Asian countries: does inflation volatility matter? Soon, Siew View Baharumshah, Ahmad Zubaidi Wohar, Mark E. 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 are significant differences in the degree of ERPT between the high and low inflation volatility in the inflation targeting (IT) and non-IT Asian countries. Routledge 2018 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/72658/1/Exchange%20rate%20pass-through%20in%20the%20Asian%20countries.pdf Soon, Siew View and Baharumshah, Ahmad Zubaidi and Wohar, Mark E. (2018) Exchange rate pass-through in the Asian countries: does inflation volatility matter? Applied Economics Letters, 25 (5). 309 - 312. ISSN 1350-4851; ESSN: 1466-4291 https://www.tandfonline.com/doi/abs/10.1080/13504851.2017.1319553?journalCode=rael20 10.1080/13504851.2017.1319553 |
| spellingShingle | Soon, Siew View Baharumshah, Ahmad Zubaidi Wohar, Mark E. Exchange rate pass-through in the Asian countries: does inflation volatility matter? |
| title | Exchange rate pass-through in the Asian countries: does inflation volatility matter? |
| title_full | Exchange rate pass-through in the Asian countries: does inflation volatility matter? |
| title_fullStr | Exchange rate pass-through in the Asian countries: does inflation volatility matter? |
| title_full_unstemmed | Exchange rate pass-through in the Asian countries: does inflation volatility matter? |
| title_short | Exchange rate pass-through in the Asian countries: does inflation volatility matter? |
| title_sort | exchange rate pass through in the asian countries does inflation volatility matter |
| url | http://psasir.upm.edu.my/id/eprint/72658/1/Exchange%20rate%20pass-through%20in%20the%20Asian%20countries.pdf |
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