An econometric model is used to analyse pass-through from the exchange rate to inflation, considering the monetary policy instrument variable, the target variable, the level of economic activity, the level of credit and ...

In several markets, cost hikes are passed through to consumers to a larger extent than cost reductions. This is a widely document phenomenon in the literature, yet under-explored in Brazil. Collusion is one of the theoretical ...

This dissertation aims to investigate if the exchange rate shocks have asymmetric effects in terms of the consumer price indexes among states of the North, Northeast, Midwest, South and Southeast regions of Brazil. For ...

Using a sample of Colombian banks, we examine retail interest rate adjustment in response to changes in wholesale interest rates. Interest rate pass through running from wholesale to retail rates is found to be both partial ...

The emission of sounds is an important means of communication between animals, which helps them to find a partner, establish their territory, and even alert other members of a population about a possible threat. In human ...

El trabajo presenta una curva de Phillips que considera un doble gado de traslación o pass through. Uno para apreciaciones y otro para depreciaciones cambiarias. Se analiza un posible origen endógeno de la asimetría para ...