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Exchange Rate Pass-through to Domestic Prices in Thailand, 2000-2017

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  • Jiranyakul, Komain

Abstract

This paper explores the degree of exchange rate pass-through to domestic prices in Thailand using quarterly data from 2000Q1 to 2017Q4. Johansen cointegration tests are employed in the analysis. The degree of exchange rate pass-through is found to be partial and modest. The stable pass-through effect, in the long run, is found for the import price index. The findings give some implications for risk perception by firms and investors regarding the future inflationary environment of the country.

Suggested Citation

  • Jiranyakul, Komain, 2018. "Exchange Rate Pass-through to Domestic Prices in Thailand, 2000-2017," MPRA Paper 109934, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:109934
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    References listed on IDEAS

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    More about this item

    Keywords

    Exchange rate; domestic prices; cointegration;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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