Bericht
Uncertainty about exchange rates affects import prices in the Euro Area
RWI research shows that monetary policy should take uncertainty about exchange rate fluctuations into account. When aiming at price stability, central banks closely monitor exchange rates. Their level is known to influence prices, since many product components are sourced internationally. An RWI study suggests that central bankers should also take the level of uncertainty about future exchange rates into account when aiming at price stability. The study finds that in the Euro Area, importers bear the main burden of the uncertainty. Mainly affected are countries like Germany, Italy, and the Netherlands, whose industries rely heavily on intermediate goods imports. When uncertainty increases, importers buy less goods to lower the risk. Consequently, prices for intermediate goods fall.
- Sprache
-
Englisch
- Erschienen in
-
Series: RWI Impact Notes
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Blagov, Boris
- Ereignis
-
Veröffentlichung
- (wer)
-
RWI - Leibniz-Institut für Wirtschaftsforschung
- (wo)
-
Essen
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Blagov, Boris
- RWI - Leibniz-Institut für Wirtschaftsforschung
Entstanden
- 2021
Ähnliche Objekte (12)
Uncertainty, exchange rate regimes, and national price levels
Price uncertainty and the exchange-rate risk premium
Energy exchange among heterogeneous prosumers under price uncertainty
Information Exchange in Retail Markets with Uncertainty about Downstream Costs
Information exchange in retail markets with uncertainty about downstream costs
Who's Who: How Uncertainty About the Favored Group Affects Outcomes of Affirmative Action
Exchange rate uncertainty and import prices in the euro area
Exchange rate uncertainty and import prices in the euro area
Exchange Rate Uncertainty and Import Prices in the Euro Area
Uncertainty about trade policy uncertainty
Certain about uncertainty
The choice of invoicing currency under exchange rate and price level uncertainty
Uncertainty, exchange rate regimes, and national price levels
Price uncertainty and the exchange-rate risk premium
Energy exchange among heterogeneous prosumers under price uncertainty
Information Exchange in Retail Markets with Uncertainty about Downstream Costs
Information exchange in retail markets with uncertainty about downstream costs
Who's Who: How Uncertainty About the Favored Group Affects Outcomes of Affirmative Action
Exchange rate uncertainty and import prices in the euro area
Exchange rate uncertainty and import prices in the euro area
Exchange Rate Uncertainty and Import Prices in the Euro Area
Uncertainty about trade policy uncertainty
Certain about uncertainty
The choice of invoicing currency under exchange rate and price level uncertainty
Uncertainty, exchange rate regimes, and national price levels
Price uncertainty and the exchange-rate risk premium
Energy exchange among heterogeneous prosumers under price uncertainty
Information Exchange in Retail Markets with Uncertainty about Downstream Costs
Information exchange in retail markets with uncertainty about downstream costs
Who's Who: How Uncertainty About the Favored Group Affects Outcomes of Affirmative Action
Exchange rate uncertainty and import prices in the euro area
Exchange rate uncertainty and import prices in the euro area
Exchange Rate Uncertainty and Import Prices in the Euro Area
Uncertainty about trade policy uncertainty
Certain about uncertainty