Exchange rate pass-through and relative prices: An industry-level empirical investigation

Prasad Bhattacharya, Cem Karayalcin and Dimitrios Thomakos

Journal of International Money and Finance, 2008, vol. 27, issue 7, 1135-1160

Abstract: In this paper we explore the extent of exchange rate pass-through for the USA, UK and Japan using a post-Bretton Woods industry-level dataset. We investigate how different channels of exchange rate pass-through affect domestic and import prices. Our analysis is suggestive of two channels of transmission and we find considerable variation in the extent of pass-through across industries and countries.

Keywords: Exchange; rates; Pass-through; effect; Expenditure-switching (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jimfin:v:27:y:2008:i:7:p:1135-1160

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