Article ID Journal Published Year Pages File Type
965473 Journal of Macroeconomics 2012 13 Pages PDF
Abstract
► Analysis whether the exchange rate pass-through into prices changed when the IT adopted in Peru. ► A simulated small DSGE model shows that IT induces an increase in exchange rate volatility. ► Therefore, adopting IT generates a pass-through contraction. ► The results using a TV-VAR model reveal that adoption of IT decreased the exchange rate pass-through. ► The results are consistent and robust to different specifications.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Does the exchange rate pass-through into prices change when inflation targeting is adopted? The Peruvian case study between 1994 and 2007
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