Cheikh, Nidhaleddine Ben; Rault, Christophe - William Davidson Institute, University of Michigan - 2014
-EA era than existing studies, this is not surprising, since the process of monetary union has entailed some convergence …This paper provides an update on the exchange rate pass-through (ERPT) estimates for 12 Euro area (EA) countries. First … towards more stable macroeconomic conditions across Euro Area (EA) Member States. Second, when assessing the stability of pass …