Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5083890 | International Review of Economics & Finance | 2012 | 9 Pages |
Abstract
⺠Taylor (2000) suggests that exchange rate pass-through and inflation are correlated. ⺠Many previous studies reject this suggestion. ⺠Introduce the possibility of nonlinear effects of inflation in the ERPT mechanism. ⺠For data from 9 OECD countries there are nonlinear effects from inflation to ERPT. ⺠Taking these into account supports positive correlation between ERPT and inflation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Juha Junttila, Marko Korhonen,