Pricing to market, exchange rate changes and the transmission of inflation

dc.contributor.author	Fitz Gerald, John D.
dc.contributor.author	Shortall, Fergal
dc.date.accessioned	2012-08-24T14:40:31Z
dc.date.available	2012-08-24T14:40:31Z
dc.date.issued	1998
dc.identifier.citation	Fitz Gerald, John D.; Shortall, Fergal. 'Pricing to market, exchange rate changes and the transmission of inflation'. - Economic & Social Review, Vol. 29, No. 4, October, 1998, pp. 323-340, Dublin: Economic & Social Research Institute
dc.identifier.issn	0012-9984
dc.identifier.uri	http://hdl.handle.net/2262/64725
dc.description.abstract	This paper examines the short-run pass through of exchange rate changes to consumer prices in Ireland. Reflecting the importance of exchange rate expectations, we develop a model of inflation where the deviation of the UK price level from its equilibrium level affects the rate of pass through of external shocks into Irish inflation. This model explains better the behaviour of the Irish rate of inflation in the 1990s and it indicates a reduction in the speed of adjustment of prices to their equilibrium after the ERM crisis.	en
dc.language.iso	en
dc.publisher	Economic & Social Studies
dc.source	Economic & Social Review	en
dc.subject	Exchange rates	en
dc.subject	Consumer prices	en
dc.subject	Inflation	en
dc.subject	Ireland	en
dc.title	Pricing to market, exchange rate changes and the transmission of inflation
dc.type	Journal Article
dc.publisher.place	Dublin	en

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