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Collection: Faculty Working Papers  
Title A Tale of Two Cities Revisited: Pass-through in Hong Kong and Singapore
Author Ghosh, Amit
Rajan, Ramkishen S.
Type of Resource text
Digital Origin born digital
Date Created 2006-08
Abstract This paper compares the extent of exchange rate pass-through at the aggregate level into CPI and import prices in Singapore and Hong Kong for the period 1980 to 2005. A priori one might expect that these two economies which have relatively small markets and are highly open with high degree of dependence on foreign goods for domestic consumption, will be faced with relatively high exchange rate pass-through. Results suggest that exchange rate pass-through in Hong Kong is higher than in Singapore. The paper further examines whether pass-through has changed over time in the two economies.
Keywords exchange rate pass-through (ERPT)
Hong Kong
market share
Rights Statement Copyright restrictions apply. Contact the author for permission to publish.
Note (admin) Acquired as PDF from Colorado College Department of Economics and Business. Converted to PDF/A1.b using Adobe Acrobat Professional.
Publisher Colorado College
Place of Publication Colorado Springs, Colorado
Local Identifier 2006-04
Handle http://hdl.handle.net/10176/coccc:2624
Attached Files
Name Description MIMEType Size Downloads
TaleofTwoCities.pdf   master application/pdf 1.30MB 0

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Created: Thu, 14 Jan 2010, 14:50:27 MST by Christine Ashlock (admin) . Detailed History