Leiva León, Danilo; Martínez Martín, Jaime; Ortega … - 2019
This paper decomposes the time-varying effect of exogenous exchange rate shocks on euro area countries infl ation into … to the euro/USD account for over 50% of the nominal euro/ USD exchange rate fl uctuations in more than 1/3 of the … exogenous exchange rate shocks since the early 2010s, in particular, for the largest economies of the region. While such …