imported inputs in domestic production. Our results are consistent with complete pass-through of import costs to consumer …

currency than in the bilateral exchange rate. Pass-through therefore substantially increases once we account for vehicle … currencies. Our results help to explain the higher-than-expected pass-through into import prices during the Great Recession and … estimating pass-through with only bilateral exchange rates under vehicle currency pricing. Overall, our results contribute to …

This paper aims to investigate if the exchange rate pass-through (ERPT) to consumer prices follows a nonlinear behavior …

pass-through to import prices over the last decades. We first present a structural two-country model in order to illustrate … how participation in global value chains can impact exchange rate pass-through to import prices. In the model, the … in its trading partner's exchange rate pass-through to import prices. We then provide empirical evidence in a cross …

We look at a panel of Latin American countries from 1970 and 2016 to enquire how exchange rate pass-through has changed … over time, and whether this owes to monetary or real shocks hitting the economy. We estimate conventional pass-through … variables using fixed effect models. We find that: in keeping with previous studies, pass-through coefficients have fallen …