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Cover Art
Author Belaisch, Agnes.

Title Exchange Rate Pass-Through in Brazil [electronic resource] / Agnes Belaisch.

Published Washington, D.C. : International Monetary Fund, 2003.


Location Call No. Status
Physical description 1 online resource (19 p.)
Series IMF Working Papers; Working Paper ; No. 03/141
IMF Working Papers; Working Paper ; No. 03/141
Summary In the last two years the real has undergone a large depreciation and the central bank has missed its inflation target in 2002 for the second year in a row. Inflation, however, has increased much less than the rate of currency depreciation and the pickup in inflation in the last quarter of 2002 raises the question of whether the exchange rate passthrough has finally risen. This paper argues that the passthrough in Brazil has fallen compared with estimates in other studies on earlier time periods, and remains low when compared with the passthrough in other Latin American countries. Indeed the passthrough is more comparable with that of G-7 countries-although in Brazil the effect on prices appears to be faster.
Notes Description based on print version record.
Other author Belaisch, Agnes.
Subject Business Fluctuations
Currency Depreciation
Exchange Rate Shock
Exchange Rate
Price Inflation
ISBN 1451856202 : 15.00 USD
ISSN 1018-5941
Standard Number 10.5089/9781451856200.001