Series: IMF Working Papers
Author(s): Siang Tan , Joey Chew , and Sam Ouliaris
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2011
Keywords: exchange rate, business cycle, consumer price index, output gap, monetary policy, Business Fluctuations, And Cycles, Central Banking, And The Supply Of Money And Credit, international Finance
This paper investigates exchange rate pass-through in Singapore using band-pass spectral regression techniques, allowing for asymmetric effects over the business cycle. First stage pass-through is estimated to be c...