Is pass-through of the exchange rate to restaurant and hotel prices asymmetric in the US? Role of monetary policy uncertainty

Autor:	Uju Violet Alola, Ojonugwa Usman, Andrew Adewale Alola
Jazyk:	angličtina
Rok vydání:	2023
Předmět:	Restaurant and hotel prices Exchange rate Monetary policy uncertainty Energy price index US economy Public finance K4430-4675 Finance HG1-9999
Zdroj:	Financial Innovation, Vol 9, Iss 1, Pp 1-19 (2023)
Druh dokumentu:	article
ISSN:	2199-4730
DOI:	10.1186/s40854-022-00425-7
Popis:	Highlights The drivers of restaurant and hotel business in tourism destinations are examined. There is asymmetric pass-through of exchange rate and monetary policy uncertainty. A stronger pass-through is observed during appreciation and a negative shock to monetary policy uncertainty. There is asymmetric causality from positive shock in exchange rate to postive shock in restaurant and hotel prices.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/c4db8d678e09452f8fbb94ea7590f02e Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF Plný text ve formátu HTML
Nepřihlášeným uživatelům se plný text nezobrazuje	K zobrazení výsledku je třeba se přihlásit.