@techreport{NBERw13889,
 title = "Exchange Rate Pass-Through And Monetary Policy",
 author = "Frederic S. Mishkin",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "13889",
 year = "2008",
 month = "May",
 URL = "http://www.nber.org/papers/w13889",
 abstract = {This paper discusses what recent economic research tells us about exchange rate pass-through and what this suggests for the control of monetary policy.  It first focuses on exchange rate pass-through from a macroeconomic perspective and then examines the microeconomic evidence.  In light of this evidence, it then discusses the implications of exchange rate movements on the conduct of monetary policy.},
}