Arbeitspapier
Exchange rate uncertainty and import prices in the euro area
This paper analyses the effects of exchange rate uncertainty on the pricing behaviour of import firms in the euro area. Uncertainty is measured via the volatility of the structural shocks to the exchange rate in a non-linear VAR framework and is an important determinant of import prices. An increase in exchange rate uncertainty is associated with a fall in prices on average, which suggests that the exchange rate risk is borne by the importers. The analysis utilizes a dataset on industrial import prices, disaggregated by origin of imports. Controlling for intra- and extra-euro area trade is important.
- ISBN
-
978-3-86788-917-9
- Language
-
Englisch
- Bibliographic citation
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Series: Ruhr Economic Papers ; No. 789
- Classification
-
Wirtschaft
Bayesian Analysis: General
Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
Foreign Exchange
- Subject
-
exchange rate uncertainty
exchange rate pass-through
non-linearities
import price inflation
extra-euro area trade
- Event
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Geistige Schöpfung
- (who)
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Blagov, Boris
- Event
-
Veröffentlichung
- (who)
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RWI - Leibniz-Institut für Wirtschaftsforschung
- (where)
-
Essen
- (when)
-
2018
- DOI
-
doi:10.4419/86788917
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the 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
- Blagov, Boris
- RWI - Leibniz-Institut für Wirtschaftsforschung
Time of origin
- 2018
Other Objects (12)
Exchange rate uncertainty and import prices in the euro area
Exchange Rate Uncertainty and Import Prices in the Euro Area
Uncertainty about exchange rates affects import prices in the Euro Area
Extra-euro area manufacturing import prices and exchange rate pass-through
Extra-Euro area manufacturing import prices and exchange rate pass-through
Exchange rate pass-through to import prices in the euro area
Exchange Rates and Import Prices in Switzerland
Exchange rates and import prices in Switzerland
Oil prices and the euro exchange rate
Recent Estimates of Exchange Rate Pass-Through to Import Prices in the Euro Area
Exchange rate volatility and Euro area imports
Exchange rate volatility and euro area imports
Exchange rate uncertainty and import prices in the euro area
Exchange Rate Uncertainty and Import Prices in the Euro Area
Uncertainty about exchange rates affects import prices in the Euro Area
Extra-euro area manufacturing import prices and exchange rate pass-through
Extra-Euro area manufacturing import prices and exchange rate pass-through
Exchange rate pass-through to import prices in the euro area
Exchange Rates and Import Prices in Switzerland
Exchange rates and import prices in Switzerland
Oil prices and the euro exchange rate
Recent Estimates of Exchange Rate Pass-Through to Import Prices in the Euro Area
Exchange rate volatility and Euro area imports
Exchange rate volatility and euro area imports
Exchange rate uncertainty and import prices in the euro area
Exchange Rate Uncertainty and Import Prices in the Euro Area
Uncertainty about exchange rates affects import prices in the Euro Area
Extra-euro area manufacturing import prices and exchange rate pass-through
Extra-Euro area manufacturing import prices and exchange rate pass-through
Exchange rate pass-through to import prices in the euro area
Exchange Rates and Import Prices in Switzerland
Exchange rates and import prices in Switzerland
Oil prices and the euro exchange rate
Recent Estimates of Exchange Rate Pass-Through to Import Prices in the Euro Area
Exchange rate volatility and Euro area imports