1.Auburn University, 138 Miller Hall, Auburn, AL, 36849, USA ;2.School of Economics and Finance, Xi’an Jiaotong University, Xi’an, 710061, People’s Republic of China ;3.Auburn University, 125 Miller Hall, Auburn, AL, 36849, USA ;
Abstract:
Open Economies Review - A number of researchers have found that the rate of exchange rate pass-through (ERPT) to domestic prices has declined substantially over the last few decades. We revisit...