Author(s)

Conclusion

Dornbusch (1987)

It is shown that market organization, market integration or separation influence the pass-through.

Betts & Kehoe (2001)

They indicated the importance of the non-trade goods in consumption.

Devereux & Yetman (2010)

They showed that pass-through is sensitive to monetary policy regime because the degree of price stickiness is endogenous to the monetary regime.

Bailliu & Fujii (2004)

They confirmed that pass-through declines to a low inflation by a change in monetary policy.

López-Villavicencio & Mignon (2016)

They argued that by adopting inflation targeting regime the pass-through can be declined.

Taylor (2000)

It is shown that the pass-through had been reduced due to low inflation in many countries.

Gust et al. (2010)

They showed that the reduction of the pass-through is because of trade integration and complementarity in price setting.

Benigno & Faia (2016)

They showed that the volume of pass-through increases with the multiplication in the number of foreign competitors, because globalization widens the dependence of imported inflation

Gagnon & Ihrig (2004)

There is a relationship of low exchange rate pass-through with low inflationary environments.

Coulibaly & Kempf (2010)

It has been found that inflation targeting in emerging countries has assisted to reduce the pass-through.

Campa & Goldberg (2002)

It has been found that the structure of imports has considerable impact on exchange rate pass-through.

Menon (1996)

It has been found that substitutability (among importing goods and domestically produced goods) can affect the exchange rate pass-through.

Carranza et al. (2009)

It has been found that the dollarized economies have upper exchange rate pass-through.

Sadeghi et al. (2015)

They argued that the dollarized economies have greater exchange rate pass-through.