The pass-through effect: a twofold analysis

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper I analyse the pass-through effect in four big areas using different approaches. On the one hand, I inspect this issue comparing the REER (real effective exchange rate) with the WARP (weighted average relative price) in the US, the UK, Japan and the Euro area. On the other hand, I try to support the findings of the first part with a double econometric analysis: I employ single equation and Var approaches in order to provide wide and robust results. The global conclusion is that in the major economies of the world the pass-through effect has been very light from January 1999 onward and that, especially in the Euro area, this result is linked with the firms behaviour.

Keywords: Pass-Through effect; WARP; exchange rate (search for similar items in EconPapers)
JEL-codes: E31 F31 F41 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-ifn, nep-mac and nep-opm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/16527/1/MPRA_paper_16527.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/19110/1/MPRA_paper_19110.pdf revised version (application/pdf)

Related works:
Working Paper: The pass-through effect: a twofold analysis (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:16527

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