Nonlinear pass-through of exchange rate shocks on inflation : a bayesian smooth transition VAR approach

Determining the exchange rate pass-through on inflation is a necessity for central banks as well as for firms and households. This is an apparently easy and intuitive task, but it faces high complexity and uncertainty. This paper examines the nature of th

Detalles Bibliográficos
Autores Principales: Rincón-Castro, Hernán, Rodríguez-Niño, Norberto
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2016
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/6241