TY - JOUR ID - 4707 TI - The Exchange Rate Asymmetric Pass-Through to Import Price Index: The Case Study of Iran JO - Iranian Journal of Economic Studies JA - IJES LA - en SN - 2322-1402 AU - Asgharpour, Hossein AU - Vafaei, Elham AU - Abdolmaleki, Hamed AD - Department of Economics, University of Tabriz, Tabriz, Iran. Y1 - 2018 PY - 2018 VL - 6 IS - 1 SP - 47 EP - 64 KW - Exchange rate KW - Import Price Index KW - Asymmetric efects KW - Iran DO - 10.22099/ijes.2018.19977.1243 N2 - The main objective of this paper is to investigate the asymmetric effects of exchangerate on Iranian import price index using quarterly time series data over the period 1990- 2011. For this purpose, positive and negative shocks of the exchange rate have been separated from each other using dummy variables and the effects of the size of the exchange rate shocks by determining a threshold.The empirical results indicate that the positive and negative shocks of the exchange rate both have positive and asymmetric effects on the import price index. The results show that the effects of negative shocks of the exchange rate on the imports price index is more than the positive shocks effect. In addition, the experimental findings of the research indicate that the effect of foreign exchange rate shocks size on the imports price is asymmetric and the effectiveness extent of smaller shocks is significantly more than that of bigger exchange rate shocks.Moreover, according to the results, the effects of positive and negative shocks based on the size of foreign exchange shocks (small & big) on the imports price is asymmetric and the results show that the effect of small negative shocks is more than big ones and also the effects of small positive shocks is more than big ones. UR - https://ijes.shirazu.ac.ir/article_4707.html L1 - https://ijes.shirazu.ac.ir/article_4707_5d27e2f500c6b7220a483d007cbbc49d.pdf ER -