Invoicing Currency and Symmetric Pass-Through of Exchange Rates and Tariffs : Evidence from Malawian Imports from the EU (English)

The response of import prices to exchange rates can be used to predict the effect of changes in trade policy. The hypothesis of symmetric pass-through of tariffs and exchange rates asserts that the effect of tariffs and exchange rates on prices are identical. This paper examines whether the symmetry hypothesis holds in the context of invoicing currency, by investigating the role of the euro and the U.S dollar currencies. The paper uses transaction-level...

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Author

Montfaucon,Angella Faith Lapukeni;
Document Date
2021/03/11
Document Type
Policy Research Working Paper
Report Number
WPS9577
Volume No
1
Total Volume(s)
1
Country
Malawi, EU Accession Countries,
Region
Europe And Central Asia, Eastern And Southern Africa,
Disclosure Date
2021/03/11
Disclosure Status
Disclosed
Doc Name
Invoicing Currency and Symmetric Pass-Through of Exchange Rates and Tariffs : Evidence from Malawian Imports from the EU
Keywords
Exchange Rates

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Citation

Montfaucon,Angella Faith Lapukeni.

Invoicing Currency and Symmetric Pass-Through of Exchange Rates and Tariffs : Evidence from Malawian Imports from the EU (English). Policy Research working paper|no. WPS 9577 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/454671615479048464

Invoicing Currency and Symmetric Pass-Through of Exchange Rates and Tariffs : Evidence from Malawian Imports from the EU (English)

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