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Does Monetary Integration Reduce Exchange Rate Pass-Through?

✍ Scribed by Slavi T. Slavov

Book ID
111025457
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
194 KB
Volume
31
Category
Article
ISSN
0378-5920

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Monetary policy and exchange rate pass-t
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✍ Joseph E. Gagnon; Jane Ihrig πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 239 KB

## Abstract The pass‐through of exchange rate changes into domestic inflation appears to have declined in many countries since the 1980s. We develop a theoretical model that attributes the change in the rate of pass‐through to increased emphasis on inflation stabilization by many central banks. Thi