CPI汇率传递分解与分配边际:以巴西与发达经济体为例

Q4 Economics, Econometrics and Finance

Revista Brasileira de Economia Pub Date : 2020-03-25 DOI:10.5935/0034-7140.20200001

Camila Ciss Abdelmalack, C. Campos

{"title":"CPI汇率传递分解与分配边际:以巴西与发达经济体为例","authors":"Camila Ciss Abdelmalack, C. Campos","doi":"10.5935/0034-7140.20200001","DOIUrl":null,"url":null,"abstract":"We analyze the channels through which the exchange rate af- fects nal consumer prices. We compare advanced countries with one emerging economy, Brazil, to determine the corresponding ex- change 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 il- lustrate this scenario using data from Brazil vis-a-vis a group of advanced economies.","PeriodicalId":52490,"journal":{"name":"Revista Brasileira de Economia","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2020-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":"{\"title\":\"CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies\",\"authors\":\"Camila Ciss Abdelmalack, C. Campos\",\"doi\":\"10.5935/0034-7140.20200001\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We analyze the channels through which the exchange rate af- fects nal consumer prices. We compare advanced countries with one emerging economy, Brazil, to determine the corresponding ex- change 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 il- lustrate this scenario using data from Brazil vis-a-vis a group of advanced economies.\",\"PeriodicalId\":52490,\"journal\":{\"name\":\"Revista Brasileira de Economia\",\"volume\":\" \",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-03-25\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"3\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Revista Brasileira de Economia\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.5935/0034-7140.20200001\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"Economics, Econometrics and Finance\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Revista Brasileira de Economia","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5935/0034-7140.20200001","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}

引用次数: 3

摘要

我们分析了汇率影响最终消费者价格的渠道。我们将发达国家与新兴经济体巴西进行比较，以确定相应的汇率通过率及其渠道。汇率传递的一个关键方面是可贸易产品在消费篮子中的相对重要性以及进口投入的份额。由于非贸易品在发展中经济体通常更便宜，因此这些国家的非贸易品份额较小。我们使用巴西与一组发达经济体的数据来说明这种情况。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies

We analyze the channels through which the exchange rate af- fects nal consumer prices. We compare advanced countries with one emerging economy, Brazil, to determine the corresponding ex- change 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 il- lustrate this scenario using data from Brazil vis-a-vis a group of advanced economies.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Revista Brasileira de Economia Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

0.40

自引率

0.00%

发文量

审稿时长

20 weeks

期刊介绍： A Revista Brasileira de Economia (RBE) é a mais antiga publicação de Economia do Brasil, e a segunda mais antiga da América Latina. Seus fundadores foram Arizio de Viana, o primeiro editor, e Eugênio Gudin, um dos mais influentes economistas da história brasileira. A RBE foi apresentada no seu primeiro número pelo professor Luiz Simões Lopes, em uma Introdução que poderia constar ainda hoje de qualquer número da revista.