Product-level estimates of exchange rate pass-through: Evidence from Turkey*star

Show simple item record

dc.contributor.author Tumen, Semih
dc.contributor.author Akgündüz, Yusuf Emre
dc.contributor.author Bastan, Emine Meltem
dc.contributor.author Demiroğlu, Ufuk
dc.date.accessioned 2021-01-08T08:04:32Z
dc.date.available 2021-01-08T08:04:32Z
dc.date.issued 2020-11
dc.identifier.issn 0378-5920
dc.identifier.uri https://doi.org/10.1111/twec.13060
dc.identifier.uri http://hdl.handle.net/20.500.12485/665
dc.description.abstract We estimate the export and import pass-through rates using product-level data from Turkey. We find that the Turkish lira (TRY) exchange rate changes are mostly passed on to TRY prices of exports and imports-and, therefore, modestly to their prices in trading partners' currencies. The rate of average pass-through to TRY prices is estimated at 89% for imported goods and 82% for exported goods, with no apparent lags in the impact. Pass-through estimates by sector show variation and are relatively low for food and agricultural products. We argue that the fine-grained product-level data enable us to estimate the pass-through rates with better reliability and precision than we could by using only aggregated time-series data. We also introduce a pooled equation to estimate the difference between the export and import pass-through rates-a potentially useful statistic-in a way that allows for statistical inference. en_US
dc.language.iso en en_US
dc.publisher WILEY, 111 RIVER ST, HOBOKEN 07030-5774, NJ USA en_US
dc.subject Business, Finance en_US
dc.subject Economics en_US
dc.subject International Relations en_US
dc.title Product-level estimates of exchange rate pass-through: Evidence from Turkey*star en_US
dc.type Article en_US
dc.relation.journal WORLD ECONOMY en_US
dc.identifier.startpage 1 en_US
dc.identifier.endpage 24 en_US

Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

Search DSpace


My Account