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Interest Rate Pass-Through in a Small Open Economy with a Fixed Exchange Rate - The Case of Macedonia

✍ Scribed by Jane Bogoev; Goran Petrevski


Book ID
113890095
Publisher
Elsevier
Year
2012
Tongue
English
Weight
774 KB
Volume
44
Category
Article
ISSN
1877-0428

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Exchange rate pass-through in a small op
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## Abstract This paper presents estimates of exchange rate pass‐through derived from a panel of very disaggregated import unit‐values to Hong Kong. The estimation approach builds on that utilized by Knetter (1989, 1993) to study export pricing and pricing to market. The three‐dimensional data set e