Monetary Policy Credibility and Exchange Rate Pass-Through /

A long-standing conjecture in macroeconomics is that recent declines in exchange rate pass-through are in part due to improved monetary policy performance. In a large sample of emerging and advanced economies, we find evidence of a strong link between exchange rate pass-through to consumer prices an...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Carriere-Swallow, Yan
Tác giả khác: Gruss, Bertrand, Magud, Nicolas, Valencia, Fabian
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2016.
Loạt:IMF Working Papers; Working Paper ; No. 2016/240
Truy cập trực tuyến:Full text available on IMF