Exchange Rates and Import Prices in Switzerland
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资源简介：
For the case of Switzerland, this paper endeavours to estimate the empirical
extent to which exchange rates are ”passed-through” onto import prices. For
data covering the 1999 to 2010 period, the results suggest that (i) on aggregate, the exchange rate pass-through is highly incomplete with an elasticity
of around 0.3 and (ii) major differences arise between industries. In particular, larger pass-through effects can be observed for certain commodities
and other standardised products such as paper, timber, or minerals whilst
for automobiles and textiles, the impact of the exchange rate upon import
prices is almost always negligible and statistically far from significant.
提供机构：
ICPSR - Interuniversity Consortium for Political and Social Research
创建时间：
2026-01-29
