On the Relationship between Pass-Through and Sticky Nominal Prices

The paper draws a link between the conditions for low pass-through when there are flexible prices, and local-currency pricing when there are sticky nominal prices. It shows that the condition under which pass-through is less than one-half when prices are flexible is the same as the condition under which exporting firms set prices in the currency of importing countries when nominal prices must be set in advance

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Year of publication:	[2007]
Authors:	Engel, Charles M.
Publisher:	[2007]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Preisrigidität \| Price stickiness \| Schätzung \| Estimation \| Exchange Rate Pass-Through \| Exchange rate pass-through

Extent:	1 Online-Ressource (19 p)
Series:	HKIMR Working Paper ; No. 11/2004
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 2004 erstellt
Other identifiers:	10.2139/ssrn.1009006 [DOI]
Classification:	F10 - Trade. General ; F30 - International Finance. General ; F40 - Macroeconomic Aspects of International Trade and Finance. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012729335