Replication folder and dataset for dynamics of exchange rate pass-through: the role of pricing strategies and economic shocks

This dataset and accompanying replication codes evaluates the exchange rate pass-through under alternative pricing strategies. The included files contain the necessary codes for both prior and posterior estimations, accompanied by comparison plots that illustrate the differences between these estimates. The codes also generate impulse response functions to visualize the effects of various economic shocks under each pricing strategy. To quantify the contribution of specific shocks to the target variable's fluctuations, the codes perform a variance decomposition analysis. Further, they also produce plots of the smoothed shocks, allowing for an examination of how shock dependencies evolve over time. Finally, for robustness analysis, the dataset includes codes to perform a moment comparison, which assesses the consistency between historical data and model-simulated data.本数据集及配套复现代码，旨在评估不同定价策略下的汇率传递（exchange rate pass-through）效应。所包含的文件涵盖先验估计与后验估计所需的全部代码，并配有对比绘图以展示两类估计结果的差异。该代码还可生成脉冲响应函数（impulse response function），用以可视化展示不同定价策略下各类经济冲击的影响效果。为量化特定冲击对目标变量波动的贡献程度，代码将执行方差分解分析（variance decomposition analysis）。此外，代码还将生成平滑冲击绘图，以供研究者考察冲击相依性随时间的演化规律。最后，为开展稳健性检验（robustness analysis），本数据集还包含矩比较相关代码，用于评估历史数据与模型模拟数据之间的一致性。