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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/60561
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | MacCarthy, Jonathan | | en_US |
| dc.date.accessioned | | 2012-08-17T14:25:26Z | | - |
| dc.date.available | | 2012-08-17T14:25:26Z | | - |
| dc.date.issued | | 2000 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/60561 | | - |
| dc.description.abstract | | This paper examines the impact of exchange rates and import prices on the domestic producer price index and consumer price index in selected industrialized economies. The empirical model is a vector autoregression incorporating a distribution chain of pricing. When the model is estimated over the post-Bretton Woods era, impulse responses indicate that exchange rates have a modest effect on domestic price inflation while import prices have a stronger effect. Pass-through is larger in countries with a larger import share and more persistent exchange rates and import prices. Over 1996-98, these external factors have had a sizable disinflationary effect in many of the countries, but not in the United States. Estimating the model using post-1982 data has little effect on these conclusions | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Federal Reserve Bank of New York New York, NY | | en_US |
| dc.relation.ispartofseries | | Staff Report, Federal Reserve Bank of New York 111 | | en_US |
| dc.subject.jel | | E31 | | en_US |
| dc.subject.jel | | F41 | | en_US |
| dc.subject.jel | | F31 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | pass-through, in‡ation, exchange rates, import prices | | en_US |
| dc.subject.stw | | Inflation | | en_US |
| dc.subject.stw | | Wechselkurs | | en_US |
| dc.subject.stw | | Außenhandelspreis | | en_US |
| dc.subject.stw | | Industriestaaten | | en_US |
| dc.title | | Pass-through of exchange rates and import prices to domestic inflation in some industrialized economies | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 320220435 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Staff Reports, Federal Reserve Bank of New York
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