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Incomplete pass-through and the welfare effects of exchange rate variability

✍ Scribed by Alan Sutherland

Book ID: 116659312
Publisher: Elsevier Science
Year: 2005
Tongue: English
Weight: 375 KB
Volume: 65
Category: Article
ISSN: 0022-1996
DOI: 10.1016/j.jinteco.2004.01.005

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## Abstract This paper presents a theoretical model to analyse exchange rate pass‐through when there is cross‐border production sharing. With production sharing, between two nations, we have pass‐through at two different levels, one at the level of the imported parts and components used in making t