This paper aims at showing heterogeneity in the degree of exchange rate pass-through to import prices in major advanced economies at three di¤erent levels: 1) across destination markets ; 2) across types of exporters (distinguishing developed economy from emerging economy exporters); and 3) over time. Based on monthly data over the period 1991-2007, the results show …rst that large destination ...

This paper aims to investigate the impact of exchange rate pass-through in dollarized economies to domestic inflation and economic growth: evidence from Southeast Asian countries. The panel data for five selected countries (Cambodia, Indonesia, Lao PDR, the Philippines and Vietnam) over the period 2000-2015 is employed. The empirical results by using fixed effects estimation found that there is...

This paper examines the role of global value chains development in reducing exchange rate pass-through (ERPT) to import and producer prices. In contrast existing research, we assume that decline ERPT resulting from enhanced participation GVC may be non-linear with respect country’s position chain due different firms’ market power at various stages vertical specialization. We investigate a panel...