Ihrig, Jane E.; Marazzi, Mario; Rothenberg, Alexander D. - Federal Reserve Board (Board of Governors of the … - 2006
significant
decline in pass-through, as frequently reported in the literature.
2
Unlike previous studies, we
employ an … version of equation (3) to all countries
might not be appropriate. Most other cross-country studies examining pass … crisis may be a watershed event in the decline in import-
price pass-through. The United Kingdom’s import-price pass …