Logo
Munich Personal RePEc Archive

The pass-through effect: a twofold analysis

Forte, Antonio (2009): The pass-through effect: a twofold analysis.

Warning
There is a more recent version of this item available.
[thumbnail of MPRA_paper_16527.pdf]
Preview
PDF
MPRA_paper_16527.pdf

Download (403kB) | Preview

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.

Available Versions of this Item

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.