Ben Cheikh, Nidhaleddine; Louhichi, Waël - In: Monetary policy in the context of the financial crisis …, (pp. 113-162). 2015
This chapter analyzes the exchange rate pass-through (ERPT) into different prices for 12 euro area (EA) countries. We provide new up-to-date estimates of ERPT by paying attention to either the time-series properties of data and variables endogeneity. Using VECM framework, we examine the...
