Replication data for: Currency Choice and Exchange Rate Pass-Through
Principal Investigator(s): View help for Principal Investigator(s) Gita Gopinath; Oleg Itskhoki; Roberto Rigobon
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| 20071160_data | 10/11/2019 02:32:PM | ||
|
|
text/plain | 14.6 KB | 10/11/2019 10:32:AM |
Project Citation:
Gopinath, Gita, Itskhoki, Oleg, and Rigobon, Roberto. Replication data for: Currency Choice and Exchange Rate Pass-Through. Nashville, TN: American Economic Association [publisher], 2010. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112327V1
Project Description
Summary:
View help for Summary
We show, using novel data on currency and prices for US imports, that even
conditional on a price change, there is a large difference in the exchange
rate pass-through of the average good priced in dollars (25 percent) versus
nondollars
(95 percent). We document this to be the case across countries and
within disaggregated sectors. This finding contradicts the assumption in an
important class of models that the currency of pricing is exogenous. We present
a model of endogenous currency choice in a dynamic price setting environment
and show that the predictions of the model are strongly supported by the data.
(JEL E31, F14, F31)
Scope of Project
JEL Classification:
View help for JEL Classification
E31 Price Level; Inflation; Deflation
F14 Empirical Studies of Trade
F31 Foreign Exchange
E31 Price Level; Inflation; Deflation
F14 Empirical Studies of Trade
F31 Foreign Exchange
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.