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Essays On Exchange Rate Pass-Through, Michael Malenbaum
Essays On Exchange Rate Pass-Through, Michael Malenbaum
Dissertations, Theses, and Capstone Projects
This dissertation examines the degree to which the prices of imports to the United States respond to changes in bilateral exchange rates. The first chapter provides a review of the literature on exchange rate pass-through and outlines how research on the topic has changed over the past forty years. The next two chapters focus individually on specific questions that are important to the pass-through literature. These topics include the impact of imperfect competition and varying market shares on pass-through rates, as well as the decline in pass-through to import prices and the possible effects of China's increased role in trade …