Ortega Eslava, Eva; Osbat, Chiara - 2020
un papel importante. ; Aggregate exchange rate pass-through (ERPT) to import and consumer prices in the EU is currently … combination of shocks that lies behind the cycle at any point in time has an impact on ERPT. Finally, monetary policy itself … affects ERPT. Credible and aggressive monetary policy reduces the observed ex post ERPT, as agents expect monetary policy to …