Import price dynamics in major advanced economies and heterogeneity in exchange rate pass-through
Stephane Dees (),
Matthias Burgert and
Nicolas Parent ()
Empirical Economics, 2013, vol. 45, issue 2, pages 789-816
This article aims at showing heterogeneity in the degree of exchange rate pass-through to import prices in major advanced economies at three different levels: (1) across destination markets; (2) across types of exporters [distinguishing developed economy (DE) from emerging economy (EE) exporters] and (3) over time. Based on monthly data over the period 1991–2007, the results show first that large destination markets exhibit the lowest degree of pass-through. The degree of pass-through for goods imported from EEs is also significantly lower than for those from DEs. Regarding the evolution over time, no clear change in pricing behaviours can be identified and the well-identified decline in the exchange rate pass-through between the 1980s and 1990s appears to have stopped during the period considered. Copyright Springer-Verlag Berlin Heidelberg 2013
Keywords: Pricing-to-market; Exchange rate pass-through; Import price modelling; E31; F3; F41 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
Working Paper: Import Price Dynamics in Major Advanced Economies and Heterogeneity in Exchange Rate Pass-Through (2008)
Working Paper: Import price dynamics in major advanced economies and heterogeneity in exchange rate pass-through (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:spr:empeco:v:45:y:2013:i:2:p:789-816
Ordering information: This journal article can be ordered from
Access Statistics for this article
Empirical Economics is currently edited by Robert M. Kunst, Badi H. Baltagi, Heather M. Anderson, Subal C. Kumbhakar and Michael Lechner
More articles in Empirical Economics from Springer
Contact information at EDIRC.
Series data maintained by Sonal Shukla ().