{"id":"https://openalex.org/W2247309537","doi":null,"title":"Exchange rate pass-through in a Small Open Economy","display_name":"Exchange rate pass-through in a Small Open Economy","publication_year":2005,"publication_date":"2005-06-01","ids":{"openalex":"https://openalex.org/W2247309537","mag":"2247309537"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:ssb:dispap:429","doi":null,"is_oa":false,"landing_page_url":"https://www.ssb.no/a/publikasjoner/pdf/DP/dp429.pdf","pdf_url":"https://www.ssb.no/a/publikasjoner/pdf/DP/dp429.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/11250/180145","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5061308913","display_name":"P\u00e5l Boug","orcid":"https://orcid.org/0000-0003-3809-982X","observed_orcids":["https://orcid.org/0000-0003-3809-982X"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"P\u00e5l Boug","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5102899887","display_name":"\u00c5dne Cappelen","orcid":"https://orcid.org/0000-0001-6335-8235","observed_orcids":["https://orcid.org/0000-0001-6335-8235"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"\u00c5dne Cappelen","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-6335-8235","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5011463725","display_name":"Torbj\u00f8rn Eika","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Torbj\u00f8rn Eika","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":3,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11898","display_name":"Economics of Agriculture and Food Markets","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/exchange-rate-pass-through","display_name":"exchange rate pass-through","score":1.0},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.7749999761581421},{"id":"https://openalex.org/keywords/small-open-economy","display_name":"small open economy","score":0.8360000252723694},{"id":"https://openalex.org/keywords/import-prices","display_name":"import prices","score":0.8920000195503235},{"id":"https://openalex.org/keywords/consumer-prices","display_name":"consumer prices","score":0.9610000252723694},{"id":"https://openalex.org/keywords/distributors","display_name":"distributors","score":0.5090000033378601},{"id":"https://openalex.org/keywords/trade-margins","display_name":"trade margins","score":0.7289999723434448},{"id":"https://openalex.org/keywords/pricing-behavior","display_name":"pricing behavior","score":0.746999979019165},{"id":"https://openalex.org/keywords/norwegian-economy","display_name":"Norwegian economy","score":0.5870000123977661},{"id":"https://openalex.org/keywords/floating-exchange-rates","display_name":"exchange rate fluctuations","score":0.550000011920929},{"id":"https://openalex.org/keywords/central-bank-policy","display_name":"central bank policy","score":0.5009999871253967}],"concepts":[{"id":"https://openalex.org/C2778838701","wikidata":"https://www.wikidata.org/wiki/Q5419606","display_name":"Exchange-rate pass-through","level":3,"score":0.9417747855186462},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.802135705947876},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7413126230239868},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.7008112072944641},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6827237010002136},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.5762357711791992},{"id":"https://openalex.org/C2777883944","wikidata":"https://www.wikidata.org/wiki/Q7543547","display_name":"Small open economy","level":3,"score":0.5709710717201233},{"id":"https://openalex.org/C2778135664","wikidata":"https://www.wikidata.org/wiki/Q1929451","display_name":"Open economy","level":3,"score":0.5026051998138428},{"id":"https://openalex.org/C2780980743","wikidata":"https://www.wikidata.org/wiki/Q594063","display_name":"Floating exchange rate","level":3,"score":0.4185483753681183},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.3883529603481293},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:RePEc:ssb:dispap:429","doi":null,"is_oa":false,"landing_page_url":"https://www.ssb.no/a/publikasjoner/pdf/DP/dp429.pdf","pdf_url":"https://www.ssb.no/a/publikasjoner/pdf/DP/dp429.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:2247309537","doi":null,"is_oa":false,"landing_page_url":"https://brage.bibsys.no/xmlui/handle/11250/180145","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:ssb.brage.unit.no:11250/180145","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/11250/180145","pdf_url":null,"source":{"id":"https://openalex.org/S7407064446","display_name":"NORA - Norwegian Open Research Archives","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"43 s.","raw_type":"info:eu-repo/semantics/workingPaper"}],"best_oa_location":{"id":"pmh:oai:ssb.brage.unit.no:11250/180145","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/11250/180145","pdf_url":null,"source":{"id":"https://openalex.org/S7407064446","display_name":"NORA - Norwegian Open Research Archives","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"43 s.","raw_type":"info:eu-repo/semantics/workingPaper"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":34,"referenced_works":["https://openalex.org/W1485676192","https://openalex.org/W1507889239","https://openalex.org/W1516441028","https://openalex.org/W1530760912","https://openalex.org/W1543452179","https://openalex.org/W1551672280","https://openalex.org/W1561131190","https://openalex.org/W1599024647","https://openalex.org/W1921721389","https://openalex.org/W1963778545","https://openalex.org/W1992296606","https://openalex.org/W1997041120","https://openalex.org/W2006669823","https://openalex.org/W2044636662","https://openalex.org/W2046116452","https://openalex.org/W2067351926","https://openalex.org/W2105179502","https://openalex.org/W2114499656","https://openalex.org/W2125106731","https://openalex.org/W2145442761","https://openalex.org/W2153562738","https://openalex.org/W2153790906","https://openalex.org/W2153873215","https://openalex.org/W2261699063","https://openalex.org/W2489512531","https://openalex.org/W2597761940","https://openalex.org/W2889712533","https://openalex.org/W2890911258","https://openalex.org/W2891105456","https://openalex.org/W3121536978","https://openalex.org/W3121543166","https://openalex.org/W3122600857","https://openalex.org/W3124264655","https://openalex.org/W3125170278"],"related_works":["https://openalex.org/W2133211676","https://openalex.org/W2254694141","https://openalex.org/W2794678578","https://openalex.org/W2019110834","https://openalex.org/W1953373277","https://openalex.org/W3028080237","https://openalex.org/W2763241765","https://openalex.org/W3124990407","https://openalex.org/W1559912239","https://openalex.org/W4301232887"],"abstract_inverted_index":{"Abstract:\\nSeveral":[0],"small":[1],"open":[2],"economies":[3],"switched":[4],"to":[5,59,64,78,82,88,130,133,142,146,169,190],"inflation":[6,42,209],"targeting":[7,18,210],"during":[8,48],"the":[9,27,46,54,89,94,123,138,153,157,164,177,182,202,217],"1990s,":[10],"thereby":[11,173],"giving":[12],"up\\nvarious":[13],"forms":[14],"of":[15,21,53,91,122,176,187],"exchange":[16,23,38,127,158,170],"rate":[17,57,128,159,171,198,213],"in":[19,29,93,137,163,201],"favour":[20],"flexible":[22],"rates.":[24],"Norway":[25,103],"did":[26],"same\\nearly":[28],"2001,":[30],"and":[31,50,62,109,221],"has":[32],"thereafter":[33],"experienced":[34],"highly":[35],"varying":[36],"nominal":[37],"rates":[39],"with":[40],"consumer\\nprice":[41],"dropping":[43],"far":[44],"below":[45],"target":[47],"2003":[49],"2004.":[51],"Knowledge":[52],"degree":[55],"of\\nexchange":[56,197],"pass-through":[58,75,129,141,189],"import":[60,79,106,131],"prices":[61,66,80,132,144],"further":[63],"consumer":[65,143,191],"is":[67,76,86],"essential":[68],"for":[69,102,181,208],"inflation\\ntargeting.":[70],"The":[71],"literature":[72],"suggests":[73],"that":[74],"greater":[77],"than":[81],"consumer\\nprices,":[83],"which":[84,156],"presumably":[85],"related":[87],"role":[90],"distributors":[92,114],"economy.":[95],"We":[96,149],"present":[97],"empirical\\nevidence":[98],"on":[99],"these":[100],"issues":[101],"by":[104],"estimating":[105],"price":[107],"equations":[108],"a":[110,118],"dynamic":[111],"model":[112,121],"of\\nthe":[113],"pricing":[115,215],"behaviour.":[116],"Using":[117],"large-scale":[119],"macroeconometric":[120],"Norwegian\\neconomy,":[124],"we":[125,193],"find":[126,194],"be":[134,147],"quite":[135],"rapid":[136],"short":[139,203],"run,\\nwhile":[140],"seems":[145],"modest.":[148],"show":[150],"that,":[151],"among":[152],"numerous\\nchannels":[154],"through":[155],"operate,":[160],"trade":[161],"margins":[162],"distribution":[165,218],"sector":[166],"act":[167],"as\\ncushions":[168],"fluctuations,":[172],"being":[174],"one":[175],"main":[178],"important":[179,207],"source":[180],"delay\\nin":[183],"pass-through.":[184],"In":[185],"spite":[186],"moderate":[188],"prices,":[192],"inflationary":[195],"effects":[196],"changes":[199],"even":[200],"run,":[204],"an":[205],"insight":[206],"central\\nbanks.\\nKeywords:":[211],"Exchange":[212],"pass-through,":[214],"behaviour,":[216],"sector,":[219],"econometric\\nmodelling":[220],"macroeconomic":[222],"analysis":[223]},"counts_by_year":[],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
