It takes the average reader and 32 minutes to read Explaining the Exchange Rate Pass-Through in Different Prices by Mr.Hamid Faruqee
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This paper examines the performance of different new open economy macroeconomic models in explaining the exchange rate pass-through in a wide range of prices. Quantitative versions of different models are used to derive the dynamic response of various prices to an exchange rate shock. Predicted responses are compared with the evidence based on VAR models to examine how well different models fit the data. The results show that the best-fitting model incorporates a number of features highlighted by different strands of the literature: sticky prices, sticky wages, distribution costs, and a combination of local and producer currency pricing.
Explaining the Exchange Rate Pass-Through in Different Prices by Mr.Hamid Faruqee is 32 pages long, and a total of 8,064 words.
This makes it 11% the length of the average book. It also has 10% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Explaining the Exchange Rate Pass-Through in Different Prices aloud.
Explaining the Exchange Rate Pass-Through in Different Prices is suitable for students ages 8 and up.
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