Min Jae Kim

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Min Jae Kim

Funds Management and Banking

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9

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Understanding the Time Variation in Exchange Rate Pass-Through to Import Prices

Staff Discussion Paper 2017-12 Rose Cunningham, Christian Friedrich, Kristina Hess, Min Jae Kim
In this paper, we analyze the presence of time variation in the pass-through from the nominal effective exchange rate to import prices for 24 advanced economies over the period 1995–2015. In line with earlier studies in the literature, we find substantial heterogeneity in the level of exchange rate pass-through across countries.

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