Imported-Inputs Channel of Exchange Rate Pass-Through: Evidence from Korean Firm-Level Pricing Survey

2014 ◽  
Author(s):  
JaeBin Ahn ◽  
Chang-Gui Park
Keyword(s):  
Exchange Rate ◽  
Firm Level ◽  
Pass Through ◽  
Exchange Rate Pass Through ◽  
Korean Firm

Exchange rate pass-through to domestic producer prices: Evidence from Korean firm-level pricing survey

2014 ◽  
Vol 125 (1) ◽  
pp. 138-142 ◽  
Author(s):  
JaeBin Ahn ◽  
Chang-Gui Park
Keyword(s):  
Exchange Rate ◽  
Firm Level ◽  
Producer Prices ◽  
Pass Through ◽  
Exchange Rate Pass Through ◽  
Korean Firm ◽  
Domestic Producer

scholarly journals Vehicle Currency Pricing and Exchange Rate Pass-Through

2021 ◽  
Author(s):  
Natalie Chen ◽  
Wanyu Chung ◽  
Dennis Novy
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Great Recession ◽  
Firm Level ◽  
Bilateral Exchange ◽  
The Great Recession ◽  
Pass Through ◽  
Exchange Rate Changes ◽  
Exchange Rate Pass Through ◽  
The Relationship

Abstract Using detailed firm-level transactions data for UK imports, we find that invoicing in a vehicle currency is pervasive, with more than half of the transactions in our sample invoiced in neither sterling nor the exporter’s currency. We then study the relationship between invoicing currencies and the response of import unit values to exchange rate changes. We find that for transactions invoiced in a vehicle currency, import unit values are much more sensitive to changes in the vehicle currency than in the bilateral exchange rate. Pass-through therefore substantially increases once we account for vehicle currencies. This result helps to explain why UK inflation turned out higher than expected when sterling depreciated during the Great Recession and after the Brexit referendum. Finally, within a conceptual framework we show why bilateral exchange rates are not suitable for capturing exchange rate pass-through under vehicle currency pricing. Overall, our results help to clarify why the literature often finds a disconnect between exchange rates and prices when vehicle currencies are not accounted for.

scholarly journals The effect of firm-level productivity on exchange rate pass-through

2014 ◽  
Vol 122 (1) ◽  
pp. 27-30 ◽  
Author(s):  
Jonathan Aaron Cook
Keyword(s):  
Exchange Rate ◽  
Firm Level ◽  
Pass Through ◽  
Exchange Rate Pass Through

Tariff and exchange rate pass-through for Chinese exports: A firm-level analysis across customs regimes

2017 ◽  
Vol 46 ◽  
pp. 87-96 ◽  
Author(s):  
Florence Bouvet ◽  
Alyson C. Ma ◽  
Ari Van Assche
Keyword(s):  
Exchange Rate ◽  
Firm Level ◽  
Pass Through ◽  
Exchange Rate Pass Through ◽  
Level Analysis

Exchange Rate Pass-Through as a Commitment Device under Inflation Targeting in Emerging Market

2012 ◽  
Vol 3 (4) ◽  
pp. 44-46
Author(s):  
Necibi Thameur ◽  
◽  
Olfa Manai Daboussi
Keyword(s):  
Exchange Rate ◽  
Inflation Targeting ◽  
Emerging Market ◽  
Pass Through ◽  
Exchange Rate Pass Through ◽  
Commitment Device

(Analysis of Joint Exchange Rate Pass-Through and Import Duty Rates in the Russian Economy)

2016 ◽  
Author(s):  
Georgy Idrisov ◽  
Yuriy Ponomarev ◽  
Yury Andreevich Pleskachev
Keyword(s):  
Exchange Rate ◽  
Import Duty ◽  
Russian Economy ◽  
Pass Through ◽  
Exchange Rate Pass Through
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