SciELO - Scientific Electronic Library Online

 
vol.74 issue1Liberdade Econômica e Crescimento (1970-2014) author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Services on Demand

Journal

Article

Indicators

Related links

Share


Revista Brasileira de Economia

Print version ISSN 0034-7140On-line version ISSN 1806-9134

Abstract

ABDELMALACK, Camila Ciss  and  CAMPOS, Camila F. S.. CPI Exchange Rate Pass-Through Decomposition and Distribution Margins: The Case of Brazil versus Advanced Economies. Rev. Bras. Econ. [online]. 2020, vol.74, n.1, pp.1-22.  Epub May 08, 2020. ISSN 1806-9134.  https://doi.org/10.5935/0034-7140.20200001.

We analyze the channels through which the Exchange rate affects final consumer prices. We compare advanced countries with one emerging economy, Brazil, to determine the corresponding exchange 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 illustrate this scenario using data from Brazil vis-a-vis a group of advanced economies.

Keywords : Exchange rate; pass through; import prices; globalization; consumer price index; cpi.

        · text in English     · English ( pdf )