Exchange rate pass-through in ASEAN : implications for the prospects of monetary integration in the region
This paper investigates, for the first time, the degree of exchange rate pass-through to domestic prices in all five founding members of ASEAN. For this purpose, a three variable recursive VAR model was applied which uses the Choleski decomposition method along the distribution chain of pricing, usi...
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| Format: | workingPaper |
| Language: | eng |
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2007
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| Online Access: | http://hdl.handle.net/1822/6106 |
| Country: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/6106 |