Empirical Evidence of Asymmetric Interest Rate Pass-Through in Vietnam
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چکیده
منابع مشابه
An Empirical Analysis of Exchange Rate Pass-Through to Iran's Saffron Export Price
Exchange rate pass-through to the price of traded goods is one of the important issues in economy of developing countries such as Iran and affects the efficiency of the exchange rate policies to improve the trade balance. The main aim of this paper is to empirically analyze exchange rate pass-through to Iran's saffron export price using panel data for twenty destination markets during 2000–2011...
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Recent work by Devereux, Engel, and Storgaard (2004, JIE, pp. 286), suggests that one of the key channels through which monetary policy may work is by changing the degree of pass-through. Inspired by this observation, we develop a unified estimation framework within a fully specified open macroeconomic model where both pass-through and exchange rates are endogenously determined so as to empiric...
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ژورنال
عنوان ژورنال: Journal of Asian Business and Economic Studies
سال: 2013
ISSN: 2615-9112
DOI: 10.24311/jabes/2013.218.04