Autor:
Cherkasky, Martín
Abeles, Martín
In recent years, several empirical studies have documented the decline in exchange-rate pass-through in peripheral countries. Conventional wisdom has interpreted this trend —verified in the last two decades— as the result of greater central bank credibility stemming from the implementation of for...
Enlace original:
https://repositorio.cepal.org/handle/11362/44977
Cherkasky, Martín
,
Abeles, Martín
,
Monetary regimes and labour institutions: an alternative interpretation of the downward trend in exchange-rate passthrough in peripheral countries