“...► We model asymmetric responses of prices to exchange rate variations. ► We consider the cointegrating relationship between prices and exchange rate and allow...”

“...•A declining pass-through to consumer prices is evidenced with more stable and anti-inflationary environment.•Monetary policy regimes play a key role in...”

“...This paper assesses the effect of the emergence of new trading partners (i.e., China and Eastern Europe) on the exchange rate pass-through (ERPT) to import...”

“...This paper estimates the effects of different forms of inflation targeting (IT) in the exchange rate pass-through (ERPT). To this end, we first estimate the...”

“...This paper studies the time instability of the Phillips curve by paying particular attention to the inflation environment and price stickiness. We identify...”

“...This paper assesses the impact of globalization on Exchange-Rate Pass-Through into import prices in three core eurozone countries characterized by different...”

“...This paper explores whether the procyclicality of private credit changes during the business cycle. To this end, we rely on the estimation of smooth transition...”

“...We study the nonlinear dynamics of the real exchange rate towards its behavioral equilibrium value (BEER) using a Panel Smooth Transition Regression model...”

“...The aim of this article is to investigate the link between currency misalignments and economic growth. Relying on panel cointegration techniques, we calculate...”

“...Long-lasting misalignments in the real exchange rates are sometimes explained by the presence of a nonlinear adjustment process towards the long-run...”