CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies
Autor(a) principal: | |
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Data de Publicação: | 2020 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista Brasileira de Economia (Online) |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402020000100001 |
Resumo: | Abstract We analyze the channels through which the Exchange rate affects final consumer prices. We compare advanced countries with one emerging economy, Brazil, to determine the corresponding exchange rate pass-through and its channels. A key aspect to the exchange rate pass-through is the relative importance of tradables in the consumption basket as well as the share of imported inputs. Since non-tradables are usually cheaper in developing economies, the share of non-tradeables is smaller in theses countries. We illustrate this scenario using data from Brazil vis-a-vis a group of advanced economies. |
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CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced EconomiesExchange ratepass throughimport pricesglobalizationconsumer price indexcpiAbstract We analyze the channels through which the Exchange rate affects final consumer prices. We compare advanced countries with one emerging economy, Brazil, to determine the corresponding exchange rate pass-through and its channels. A key aspect to the exchange rate pass-through is the relative importance of tradables in the consumption basket as well as the share of imported inputs. Since non-tradables are usually cheaper in developing economies, the share of non-tradeables is smaller in theses countries. We illustrate this scenario using data from Brazil vis-a-vis a group of advanced economies.Fundação Getúlio Vargas2020-01-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402020000100001Revista Brasileira de Economia v.74 n.1 2020reponame:Revista Brasileira de Economia (Online)instname:Fundação Getulio Vargas (FGV)instacron:FGV10.5935/0034-7140.20200001info:eu-repo/semantics/openAccessAbdelmalack,Camila CissCampos,Camila F. S.eng2020-04-30T00:00:00Zoai:scielo:S0034-71402020000100001Revistahttp://bibliotecadigital.fgv.br/ojs/index.php/rbe/issue/archivehttps://old.scielo.br/oai/scielo-oai.php||rbe@fgv.br1806-91340034-7140opendoar:2020-04-30T00:00Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)false |
dc.title.none.fl_str_mv |
CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies |
title |
CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies |
spellingShingle |
CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies Abdelmalack,Camila Ciss Exchange rate pass through import prices globalization consumer price index cpi |
title_short |
CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies |
title_full |
CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies |
title_fullStr |
CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies |
title_full_unstemmed |
CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies |
title_sort |
CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies |
author |
Abdelmalack,Camila Ciss |
author_facet |
Abdelmalack,Camila Ciss Campos,Camila F. S. |
author_role |
author |
author2 |
Campos,Camila F. S. |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Abdelmalack,Camila Ciss Campos,Camila F. S. |
dc.subject.por.fl_str_mv |
Exchange rate pass through import prices globalization consumer price index cpi |
topic |
Exchange rate pass through import prices globalization consumer price index cpi |
description |
Abstract We analyze the channels through which the Exchange rate affects final consumer prices. We compare advanced countries with one emerging economy, Brazil, to determine the corresponding exchange rate pass-through and its channels. A key aspect to the exchange rate pass-through is the relative importance of tradables in the consumption basket as well as the share of imported inputs. Since non-tradables are usually cheaper in developing economies, the share of non-tradeables is smaller in theses countries. We illustrate this scenario using data from Brazil vis-a-vis a group of advanced economies. |
publishDate |
2020 |
dc.date.none.fl_str_mv |
2020-01-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402020000100001 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402020000100001 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.5935/0034-7140.20200001 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Fundação Getúlio Vargas |
publisher.none.fl_str_mv |
Fundação Getúlio Vargas |
dc.source.none.fl_str_mv |
Revista Brasileira de Economia v.74 n.1 2020 reponame:Revista Brasileira de Economia (Online) instname:Fundação Getulio Vargas (FGV) instacron:FGV |
instname_str |
Fundação Getulio Vargas (FGV) |
instacron_str |
FGV |
institution |
FGV |
reponame_str |
Revista Brasileira de Economia (Online) |
collection |
Revista Brasileira de Economia (Online) |
repository.name.fl_str_mv |
Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV) |
repository.mail.fl_str_mv |
||rbe@fgv.br |
_version_ |
1754115906006417408 |