Have economic reforms affected exchange rate pass-through to prices in India?
By: Khundrakpam, Jeevan Kumar.
Material type:
ArticlePublisher: 2008Description: p.71-79.Subject(s): Exchange rates - India | Economic reform - India | Economic reform
In:
Economic and Political WeeklySummary: This paper examines the behaviour of exchange rate pass-through to domestic prices in India after the reforms initiated in the early 1990s. Unlike observed in several countries, it finds a rise in exchange rate pass-through to domestic prices until recent years. Besides economic factors typically associated with economic liberalisation, the persistence of higher inflation is an important factor for the rise in pass-through. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 43, Issue no: 16 | Available | AR78302 |
This paper examines the behaviour of exchange rate pass-through to domestic prices in India after the reforms initiated in the early 1990s. Unlike observed in several countries, it finds a rise in exchange rate pass-through to domestic prices until recent years. Besides economic factors typically associated with economic liberalisation, the persistence of higher inflation is an important factor for the rise in pass-through. - Reproduced.


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