105
Views
11
CrossRef citations to date
0
Altmetric
Original Articles

Exchange rate pass-through in a small open economy: the Anglo-Irish case

Pages 443-455 | Published online: 21 Aug 2006

References

References

  • Athukorala , P and Menon , J . 1995 . Exchange rates and strategic pricing: the case of Swedish machinery exports . Oxford Bulletin of Economics and Statistics , 57 ( 4 ) : 533 – 46 .
  • Athukorala , P and Menon , J . 1994 . Pricing to market behaviour and exchange rate pass-through in Japanese exports . Economic Journal , 104 ( 423 ) : 271 – 81 .
  • Baker TJ Scott S Kearney IM 1988 Quarterly Economic Commentary, Economic and Social Research Institute
  • Bhagwati J 1988 The pass-through puzzle: the missing prince from Hamlet Discussion Paper University of Columbia
  • Bradley , J . 1977 . Lags in the transmission of inflation . Economic and Social Review , 8 ( 2 ) : 149 – 54 .
  • Browne , FX . 1983 . Price setting behaviour for traded goods – the Irish case . Applied Economics , 15 ( 2 ) : 153 – 63 .
  • Buxton T 1994 The competitiveness of UK manufactured exports Britain's Economic Performance T. Buxton, P. Chapman, and P. Temple (Eds) Routledge pp. 57–75
  • Callan , T and Fitz Gerald , J . 1989 . Price determination in Ireland: effects of changes in exchange rates and exchange rate regimes . Economic and Social Review , 20 ( 2 ) : 165 – 88 .
  • Central Bank of Ireland 1992 The National Economy Central Bank of Ireland Quarterly Bulletin Dublin
  • Cheung , YW and Lai , KS . 1993 . Finite sample sizes of Johansen's likelihood ratio tests for cointegration . Oxford Bulletin of Economics and Statistics , 55 ( 3 ) : 313 – 28 .
  • Clark TE 1996 The responses of prices at different stages of production to monetary policy shocks Federal Reserve Bank of Kansas City Research Working Papers R.P. 96-12
  • Domowitz , I , Hubbard , RG and Petersen , BC . 1988 . Market structure and cyclical fluctuations in US manufacturing . Review of Economics and Statistics , 120 ( 1 ) : 55 – 66 .
  • Dornbusch , R . 1987 . Exchange rates and prices . American Economic Review , 77 ( 1 ) : 93 – 106 .
  • European Communities . 1990 . NACE rev 1 regulation . Official Journal of the European Communities , 293 ( 33 )
  • Feenstra , RC . 1989 . Symmetric pass-through of tariffs and exchange rates under imperfect competition: an empirical test . Journal of International Economics , 27 ( 1/2 ) : 25 – 45 .
  • Feenstra , RC , Gagnon , JE and Knetter , MM . 1996 . Market share and exchange rate pass-through in world automobile trade . Journal of International Economics , 40 ( 1/2 ) : 187 – 207 .
  • Fisher , E . 1989 . Exchange rate pass-through and the relative concentration of German and Japanese manufacturing industries . Economics Letters , 31 : 1, 81–5
  • Fitz Gerald , J and Shortall , F . 1998 . Pricing to market, exchange rate changes and the transmission of inflation . The Economic and Social Review , 29 ( 4 ) : 323 – 40 .
  • Flynn , J . 1986 . A simulation model of the effects of exchange rate changes on inflation and the trade balance . Central Bank of Ireland Quarterly Bulletin , Summer : 103 – 8 .
  • Geary , P . 1976 . Irish prices and the inflationary process in a small open economy – the case of Ireland . Economic and Social Review , 7 ( 4 ) : 391 – 400 .
  • Geary , PT and McCarthy , C . 1976 . Wage and price determination in a labour exporting economy: the case of Ireland . European Economic Review , 8 ( 3 ) : 219 – 34 .
  • Goldberg , PK and Knetter , MM . 1997 . Goods prices and exchange rates: what have we learned? . Journal of Economic Literature , 35 ( 3 ) : 1243 – 72 .
  • Gonzalo , J . 1994 . Five alternative methods of estimating long-run equilibrium relationships . Journal of Econometrics , 60 ( 1/2 ) : 203 – 33 .
  • Gottfries N 1994 Market shares, financial constraints and pricing behaviour in the export industry Seminar Paper No. 586 Institute for International Economic Studies, University of Stockholm
  • Harris RID 1995 Cointegration Analysis in Econometric Modelling, Prentice Hall/ Harvester Wheatsheaf London
  • Honohan , P and Flynn , J . 1986 . Irish inflation in EMS . The Economic and Social Review , 17 ( 3 ) : 175 – 91 .
  • International Monetary Fund 1998 International Financial Statistics International Monetary Fund CD-Rom
  • Johansen , S . 1988 . Statistical analysis of cointegrating vectors . Journal of Economic Dynamics and Control , 12 ( 1 ) : 231 – 54 .
  • Kavanagh E Considine J Doyle E Gallagher L Kavanagh C O’Leary E 1998 The political economy of EMU in Ireland Joining Europe's Monetary Club: The Challenges for Smaller Member States (Eds) E. Jones, J. Frieden and F. Torres St. Martin's Press New York
  • Kenny , G and McGettigan , D . 1998 . Exchange rates and import prices for a small open economy: the case of Ireland . Applied Economics , 30 ( 9 ) : 1147 – 55 .
  • Kenny , G and McGettigan , D . 1999 . Modelling traded, non-traded and aggregate inflation in a small open economy: the case of Ireland . The Manchester School , 67 ( 1 ) : 60 – 88 .
  • Klitgaard , T . 1999 . Exchange rates and profit margins: the case of Japanese exporters . Economic Policy Review , 5 ( 1 ) : 41 – 54 .
  • Krugman PR 1987 Pricing to market when the exchange rate changes Real-Financial Linkages among Open Economies (Eds) S. W. Arndt and J. D. Richardson Cambridge Massachusetts MIT Press
  • MacKinnon J 1991 Critical values for co-integration tests Long-Run Economic Relationships (Eds) R. F. Engle and C. W. Granger Oxford University Press
  • Marston , RC . 1990 . Pricing to market in Japanese manufacturing . Journal of International Economics , 29 ( 3/4 ) : 217 – 36 .
  • Maskus KE 1991 Comparing international trade data and product and national characteristics data for the analysis of trade models International Economic Transactions: Issues in Measurement and Empirical Research (Eds) P. Hooper and J. D. Richardson 55 The University of Chicago Press Chicago
  • Menon , J . 1993 . The pass-through puzzle: a tale of two missing princes? . Atlantic Economic Journal , 21 ( 1 ) : 88
  • Menon , J . 1995 . Exchange rate pass-through . Journal of Economic Surveys , 9 ( 2 ) : 197 – 231 .
  • Menon , J . 1996 . The degree and determinants of exchange rate pass-through: market structure, non-tariff barriers and multinational corporations . Economic Journal , 106 ( 435 ) : 434 – 44 .
  • O’Connell T Frain J 1989 Inflation and exchange rates: a further empirical analysis Central Bank of Ireland Technical Paper 1/RT/89, April
  • Organisation for Economic Co-operation and Development 1987 OECD Economic Surveys: Ireland 1997, OECD Paris
  • Organisation for Economic Co-operation and Development 1997 International Trade by Commodities Statistics ITCS, OECD Paris
  • Organisation for Economic Co-operation and Development OECD Indicators of Industrial Activity various issues OECD Paris
  • Osterwald-Lenum , M . 1992 . A note with quantiles of the asymptotic distribution of the maximum likelihood cointegration rank test statistics . Oxford Bulletin of Economics and Statistics , 54 ( 3 ) : 461 – 72 .
  • Quinn T Kenny G Meyler A 1999 Inflation Analysis: An Overview Technical Paper 1/RT/99 Central Bank of Ireland
  • Rangan , S and Lawrence , RZ . 1993 . The responses of US firms to exchange rate fluctuations: piercing the corporate veil . Brookings Papers on Economic Activity , 2 : 341 – 69 .
  • United Kingdom, National Statistics Office Economic Trends various issues
  • United Kingdom, National Statistics Office Employment Gazette various issues
  • United Kingdom, National Statistics Office Labour Market Trends various issues
  • United Kingdom, National Statistics Office 1996 The UK SIC 1992 Methodological Guide, NSO
  • United Nations 1986 Standard Trade Classification, Revision 3 United Nations Statistical Papers Series M , No. 34/Rev 3 New York
  • United Nations 1994 Commodity Indexes for the Standard International Trade Classification, Revision 3 United Nations Statistical Papers Series M , No. 38/Rev 2 New York
  • Venables , AJ . 1990 . Microeconomic implications of exchange rate changes . Oxford Review of Economic Policy , 6 ( 3 ) : 18 – 27 .
  • Yang , J . 1997 . Exchange rate pass-through in US manufacturing industries . Review of Economics and Statistics , 79 ( 1 ) : 95 – 104 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.