English  |  正體中文  |  简体中文  |  Post-Print筆數 : 11 |  Items with full text/Total items : 88613/118155 (75%)
Visitors : 23481559      Online Users : 147
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/77959

    Title: Exchange rate pass-through in deflation: The case of Taiwan
    Authors: Lin, Po-Chun;Wu, Chung-Shu
    Contributors: 國貿系;經濟系
    Keywords: Exchange rate pass-through;Threshold autoregressive;Deflation
    Date: 2012-04
    Issue Date: 2015-08-24 15:00:23 (UTC+8)
    Abstract: This paper incorporates deflation in an analysis of the relationship between the exchange rate pass-through and inflation. Using a nonlinear model based on monthly data of Taiwan's import prices from 1981 to 2008, we find that the degree of exchange rate pass-through is increasing in deflation. The increase becomes smaller when the price of oil is excluded. Evidence for pass-through increasing in deflation has not previously been found in the existing literature and presents a new understanding of the pricing behavior of firms. Poor profits in deflation cause firms to pass through most of the cost of exchange rate changes to their products to avoid exiting the market.
    Relation: International Review of Economics & Finance, 22(1), 101-111
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1016/j.iref.2011.10.010
    DOI: 10.1016/j.iref.2011.10.010
    Appears in Collections:[國際經營與貿易學系 ] 期刊論文

    Files in This Item:

    File Description SizeFormat
    101-111.pdf252KbAdobe PDF428View/Open

    All items in 政大典藏 are protected by copyright, with all rights reserved.

    社群 sharing

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback