[PDF] Top 20 Exchange Rate Pass-Through to Prices: Evidence from Mexico

... La Figura 7 muestra las funciones de impulso respuesta de un choque al tipo de cambio sobre los índices de precios productor tanto de mercancías como de servicios para ambas muestras.. A[r] ... See full document

... case to study as its rapid economic growth during the last decade may be associated with the commodity export ...seems to have been benefited by the “ soybean boom ” as soybeans and its derived products ... See full document

... the exchange rate and the currency mismatch is perceived to be critical, policy- makers would rather implement a partial devaluation through multiple rates rather than a unified ...multiple ... See full document

... partial pass-through is common but varies across ...relationship to the exchange rate pass-through, as hypothesized by the ...cantly to the exchange ... See full document

... section. To decide the appropriate structural breaks Bai- Perron and Quandt-Andrews breakpoint tests were ...results from the structural break tests, a vector of dummy variables that controls for the effect ... See full document

... us to estimate this figure with the precision that the VIS model ...interest rate agreed between the bank and the consumer prior to the government rebate) went ...able to get part of the ... See full document

... export prices, respectively, from 1995 ...due to a higher relative increase in Spanish ...export prices are used (Figure 2), the conclusions are significantly changed, since the loss of ... See full document

... asymmetric exchange rate exposure estimates reveal that before the announcement of RMB internationalisation in March 2009, Chinese financial firms were subject to asymmetric TWEER shocks that helped ... See full document

... and prices in Argentina during the last quarter of the 20 th ...1976 to 1989 and 1991 to 2001, as these sub-samples represent different exchange rate ...similar to that of Lucas ... See full document

... contribute to the growing literature on the predictability of returns in asset markets, revivied in recent years by Fama and French (1988), Poterba and Summers (1988), Cecchetti, Lam and Mark ...asset ... See full document

... the exchange rate pass- through decisions of automobile firms exporting to the ...US. To that end we set up and estimate a regime switching model of export pricing, where the ... See full document

... interest rate on September 18, 2007, the investors cheered. Indeed, stock prices surged following the announcement, with the Dow finishing the day up more than 330 points or ...interest rate in the ... See full document

... it to rational motives based on the fundamentals and; on the other hand, there are arguments -about which most agree - supporting the existence of additional irrational motives, such as the contagion effect or ... See full document

... el pass-through sería decreciente a lo largo de la cadena productiva, al igual que lo observado en todos los países en que se ha analizado el fenómeno desde esta ... See full document

... seems to have been of a fiscal nature, with the fixed rate of devaluation implying a too low inflation rate and a level of the inflation tax insufficient for the financing of the primary deficit –the ... See full document

... set the variance of the shocks according to their historical level. On the other hand, we assume there is no covariance among shocks: in this exercise this covariance is set at zero. Then we compute the welfare ... See full document

... provide evidence of exchange rate predictability for a selected emerging market economy (EME) at intermediate horizons, arguably, the most relevant for policy ...on exchange rate ... See full document

... was to project the trends in liver disease prevalence in Mexico from 2005 to 2050 based on mortality ...in Mexico were an- ...(mortality rate multiplied by 2), T = median ... See full document

... of objects, skins, appearances and clothes, etc. Moreover, Second Life is still an online platform with users linked around the in-world (enjoying groups, RPGs, families) and out-world (through sites such as ... See full document

... el pass-through entre los subsectores que conforman a cada sector y entre los subsectores y el sector como un todo, resaltándose así la heterogeneidad que existe entre bienes pertenecientes a un mismo ...un ... See full document