NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Pass Through of Exchange Rates to Consumption Prices: What has Changed and Why?

Jose Manuel Campa, Linda S. Goldberg

NBER Working Paper No. 12547
Issued in October 2006

---- Acknowledgements -----

The views expressed in this paper are those of the individual authors and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Address correspondences to Jose Campa at jcampa@iese.edu or Linda S. Goldberg, Federal Reserve Bank of NY, Research Department, 33 Liberty St, New York, N.Y. 10045. Tel: 212-720-2836; fax: 212-720-6831; email: Linda.Goldberg@ny.frb.org. We are grateful for the comments provided by Chatib Basri, Kiyotaka Sato, Takatoshi Ito, and participants of the NBER East Asian Seminar in Economics, held June 2006 in Kona, Hawaii.

The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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