Exchange rate pass through , macro fundamentals and regime choice in Latin America

@inproceedings{Ghosh2015ExchangeRP,
  title={Exchange rate pass through , macro fundamentals and regime choice in Latin America},
  author={Amit Ghosh},
  year={2015}
}
The impact of changes in exchange rate on inflation is an issue of extreme importance for nations with a history of high inflation. While there have been significant studies on industrial and advanced economies, little analysis has been conducted on smaller economies that are open to trade and financial relationships. This paper estimates exchange rate pass-through (ERPT) into CPI and import prices from 1970 to 2010 for nine Latin American nations. ERPT is further estimated for each decade… CONTINUE READING

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