Alvarez, Roberto; Jaramillo, Patricio; Selaive, Jorge - In: Emerging Markets Finance and Trade 48 (2012) 1, pp. 100-116
Several empirical studies have found that the exchange rate pass-through (ERPT) into import prices is not complete and declined during the 1990s. In this paper we carry out a reexamination of these findings using a unique database of disaggregated import prices both at the border and wholesale...