Choudri, E. and Hakura, D. (2006) Exchange Rate Pass through to Domestic Prices; Does the Inflationary Environment Matter? Journal of International Money and Finance, 25, 614-639.
https://doi.org/10.1016/j.jimonfin.2005.11.009

has been cited by the following article:

• TITLE: An Empirical Study on the Pass-Through Effect of RMB Nominal Effective Exchange Rate on Import Price

  AUTHORS: Alin Xia

  KEYWORDS: Exchange Rate Pass-Through, Import Price, Volatility

  JOURNAL NAME: Modern Economy, Vol.8 No.2, January 26, 2017

  ABSTRACT: Starting from ERPT model, the paper decomposes RMB nominal effective exchange rate published in BIS into level and volatility, and analyzes the pass-through effects of RMB nominal effective exchange rate into import price from level and volatility under GARCH model. The conclusions are that, the pass-through effect of RMB nominal effective exchange rate to the level of import price is not complete, and the volatility of RMB nominal effective exchange rate has a negative impact on the volatility of import price and also has a time lag. Error correction mechanism shows that it needs about 8 months for import price to return to a balanced level after the changes of exchange rate.