Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Western Hemisphere Department.
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ISBN: | 1451901380 9781451901382 1282110802 9781282110809 1462368050 9781462368051 1452745161 9781452745169 9786613803689 6613803685
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Notes: | Includes bibliographical references (page 18). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | Annotation In the last two years the real has undergone a large depreciation and the central bank has missed its inflation target in 2002 for the second year in a row. Inflation, however, has increased much less than the rate of currency depreciation and the pickup in inflation in the last quarter of 2002 raises the question of whether the exchange rate passthrough has finally risen. This paper argues that the passthrough in Brazil has fallen compared with estimates in other studies on earlier time periods, and remains low when compared with the passthrough in other Latin American countries. Indeed the passthrough is more comparable with that of G-7 countriesalthough in Brazil the effect on prices appears to be faster.
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Other form: | Print version: Belaisch, Agnès. Exchange rate pass-through in Brazil. Washington, D.C : International Monetary Fund, ©2003
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Standard no.: | 10.5089/9781451901382.001
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