Work

Exchange Rate Pass-Through And Monetary Policy

Year: 2008

Type: report

Abstract: This paper discusses what recent economic research tells us about exchange rate pass-through and what this suggests for the control of monetary policy.It first focuses on exchange rate pass-through from a macroeconomic perspective and then examines the microeconomic evidence.In light of this evidence, it then discusses the implications of exchange rate movements on the conduct of monetary policy.

Source: National Bureau of Economic Research

DOI: 10.3386/w13889

Author: Frederic Mishkin

Institutions: National Bureau of Economic Research, Federal Reserve Board of Governors, Columbia University

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W1566205208

Cites: 73

Cited by: 119

Related to: 10