Exchange Rate Pass-Through to Domestic Prices: The Case of Colombia

Borradores de Economia
Number: 
254
Published: 
Classification JEL: 
C33, F21, F34
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

This study uses two different econometric frameworks to study exchange rate pass-through to import, producer and consumer prices in Colombia. Both frameworks are based on vector autoregressive (VAR) models, the first using an unrestricted VAR model, and t