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- W596409264 abstract "This paper develops a small open economy model with nominal rigidities and search-matching frictions to study the implications of the degree of exchange rate pass-through for fiscal multipliers. I allow for delayed pass-through to both imported consumption goods prices and imported intermediate goods prices. The result shows that incomplete exchange rate pass-through to imported goods prices dampens the fiscal impact on output and unemployment. However, incomplete pass-through to imported input prices has little effect on the output and unemployment multipliers." @default.
- W596409264 created "2016-06-24" @default.
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- W596409264 date "2013-01-01" @default.
- W596409264 modified "2023-10-18" @default.
- W596409264 title "Exchange rate pass-through and fiscal multipliers" @default.
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- W596409264 doi "https://doi.org/10.1515/bejm-2012-0014" @default.
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