Exchange Rates and Prices: The Case of Australian Manufactured Imports

The objective of this study is to provide an in—depth analysis of the exchange rate pass—through relationship, using Australian imports of manufactures as a case study. The study begins by piecing together the theoretical literature on exchange rate pass—through, to provide the basis for the development of models for the empirical analysis. To place the empirical analysis m comparative context, a critical survey of the existing empirical literature on exchange rate pass—through is then unde...