Resumo

HERNANDEZ, Juan. Review of some recent estimations of exchange rate pass-through from exchange rate to prices in Mexico. Ens. polit. econ. [online]. 2015, vol.33, n.78, pp.190-196. ISSN 0120-4483.  https://doi.org/10.1016/j.espe.2015.09.002.

This article shows that estimates of the elasticity of pass-through from exchange rate to prices reported in some of the recent literature are derived from erroneous calculations. The Board of Bank of México has been using these estimates for several years to make decisions on monetary policy.

Palavras-chave : Exchange rate pass-through in Mexico; Structural VAR-X models; Impulse-response functions.

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