Abstract

References (10)

Beta

Download | Share | Email | Add to Briefcase | Buy Hard Copy

Macroeconomic Determinants of Exchange Rate Pass-Through in India

Amit Ghosh
Colorado College Department of Economics and Business

Ramkishen S. Rajan
George Mason University - School of Public Policy; Institute of Southeast Asian Studies, Singapore

April 2007

Abstract:
This paper examines the evolution of exchange rate pass-through (ERPT) into India's consumer price index (CPI) at the aggregate level over the period 1980Q1-2006Q4. It also investigates whether the extent of exchange rate pass-through is impacted by common macro fundamentals such as inflation and exchange rate volatility. Finally, the paper also tests for possible asymmetries of ERPT during periods of depreciation versus appreciation.

Keywords: Exchange rate pass-though (ERPT), Exchange rate volatility, India, Inflation

JEL Classifications: E31, F31, F41, O53

Working Paper Series

Date posted: May 08, 2007 ; Last revised: October 14, 2009

Suggested Citation

Ghosh, Amit and Rajan, Ramkishen S., Macroeconomic Determinants of Exchange Rate Pass-Through in India (April 2007). Available at SSRN: http://ssrn.com/abstract=984332

Export to: Export Citation What's this?

Contact Information

Amit Ghosh (Contact Author) Colorado College Department of Economics and Business ( email ) 14 East Cache La Poudre Street Colorado Springs, CO 80903
Ramkishen S. Rajan George Mason University - School of Public Policy ( email ) 4400 University Drive Fairfax, VA 22030-4444 United States (1) 703-993-8215 (Fax)
Institute of Southeast Asian Studies, Singapore 30 Heng Mui Terrace Pasir Panjang

Abstract

References (10)

Date posted: May 08, 2007 ; Last revised: October 14, 2009

Suggested Citation

Contact Information

Amit Ghosh (Contact Author)

Ramkishen S. Rajan