New estimates of exchange rate pass-thro
β
Craig R. Parsons; Kiyotaka Sato
π
Article
π
2008
π
John Wiley and Sons
π
English
β 113 KB
## Abstract Recently, the issue of a decline in exchange rate passβthrough has gained much more attention. Taylor conjectures that a worldwide decline in exchange rate passβthrough is related to the low and stable inflation in many industrialized countries since the early 1990s. Developments of βne