New Keynesian exchange rate pass-through /

Using the theory of optimal local currency pricing, this paper constructs a structural equation to estimate the rate at which foreign producer prices pass through the local currency prices of imported goods in the U.S. This can be viewed as measuring exchange rate pass-through, in line with price st...

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Bibliographic Details

Main Authors:	Choi, Woon Gyu, 1960- (Author), Cook, David, 1966 May 2- (Author)
Corporate Author:	IMF Institute
Format:	Electronic eBook
Language:	English
Published:	Washington, D.C. : International Monetary Fund, ©2008.
Subjects:	Foreign exchange rates > United States > Econometric models. Phillips curve > Econometric models.
Online Access:	Full text (MFA users only)
ISBN:	1462314422 9781462314423 1452709726 9781452709727 9786612841644 6612841648 145187071X 9781451870718 1282841645 9781282841642
Local Note:	ProQuest Ebook Central