Transmission of nominal exchange rate changes to export prices and trade flows and implications for exchange rate policy

DOI10.1111/J.1467-9442.2009.01597.XMaRDI QIDQ3065341zbMATH OpenOpenAlexFDO

Authors Mathias Hoffmann, Oliver Holtemöller

Publication date 5 January 2011

Published in Scandinavian Journal of Economics (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/10419/27747

zbMATH Keywords

exchange rate pass-throughnew open economy macroeconomicsexchange rate regime choiceelasticity of substitution between home and foreign goodsheterogeneous dynamic panel

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Macroeconomic theory (monetary models, models of taxation) (91B64) Statistical methods; economic indices and measures (91B82) Welfare economics (91B15)

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Cites work

• Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?
• Global Implications of Self-Oriented National Monetary Rules
• International Risk Sharing and the Transmission of Productivity Shocks
• Monetary Policy in the Open Economy Revisited: Price Setting and Exchange-Rate Flexibility
• Optimal monetary policy and the timing of asset trade in open economies
• Pooled Mean Group Estimation of Dynamic Heterogeneous Panels
• The expenditure switching effect, welfare and monetary policy in a small open economy

Cited in

(10)

• Export price responses to exogenous exchange rate movements
• Fixed currency regimes and the time pattern of trade effects
• Global trade flows: revisiting the exchange rate elasticities
• The degree of openness and the cost of fixing exchange rate
• Estimating the effect of exchange rate flexibility on financial account openness
• The quantitative importance of the expenditure-switching effect
• Vertical trade, exchange rate pass-through, and the exchange rate regime
• The response of trade prices to exchange rate changes
• Implications of exchange rate pass-through and nontradable goods for international policy cooperation
• De facto exchange rate arrangement tightness and bilateral trade flows

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