Arbeitspapier
Exchange rates and import prices in Finland: estimation of exchange rate pass-through
The purpose of this study is to examine the relationship between import prices and exchange rates in Finland.The concept of pass-through is associated with how prices of internationally traded goods are affected by changes in exchange rates. Pass-through is said to be complete when the exporter of the good does not adjust prices in his home currency.This means that exchange rate fluctuations are totally reflected in local import prices abroad.On the contrary, if import prices in local currencies remain stable, it is the prices received by exporters that must adjust to exchange rate movements.This paper presents a simple static theoretical model for pass-through.After that, some estimation results for Finnish import prices are shown.Estimation results are mixed, but it is evident that depreciation of markka increases import prices.
- ISBN
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951-686-458-9
- Language
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Englisch
- Bibliographic citation
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Series: Bank of Finland Discussion Papers ; No. 17/1995
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Kuismanen, Mika
- Event
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Veröffentlichung
- (who)
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Bank of Finland
- (where)
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Helsinki
- (when)
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1995
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kuismanen, Mika
- Bank of Finland
Time of origin
- 1995
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Rational exchange rate and price expectations under different exchange rate regimes in Finland
Finland's exchange rate regime and European integration
The pass-through of exchange rate changes to import prices
The History of Exchange Control in Finland
Estimating exchange market pressure and the degree of exchange market intervention for Finland during the floating exchange rate regime
Floating exchange rates and capital mobility
Exchange rates in european monetary integration
Exchange rate policy of Austria and Finland: Two examples of a peg
The equilibrium exchange rate for the Finnish Markka
The impact of macroeconomic news on exchange rate volatility
Measuring the interest rate and exchange rate risk of a commercial bank's portfolio
Exchange rate, interest rate and stock market price volatility for value-at-risk analysis
Rational exchange rate and price expectations under different exchange rate regimes in Finland
Finland's exchange rate regime and European integration
The pass-through of exchange rate changes to import prices
The History of Exchange Control in Finland
Estimating exchange market pressure and the degree of exchange market intervention for Finland during the floating exchange rate regime
Floating exchange rates and capital mobility
Exchange rates in european monetary integration
Exchange rate policy of Austria and Finland: Two examples of a peg
The equilibrium exchange rate for the Finnish Markka
The impact of macroeconomic news on exchange rate volatility
Measuring the interest rate and exchange rate risk of a commercial bank's portfolio