pass-through effect

基本解释

Then, this dissertation points out optimal monetary policy choice under incomplete RMB exchange rate pass-through effect.
然后，本论文结合中国实际，给出不完全汇率传递下我国最优货币政策的选择。
The results show all the six variables are co-integrated in the long run, while the effect of RMB exchange rate pass-through on China's CPI is weak.
检验结果显示，六个变量之间存在长期的协整关系，但人民币汇率对我国消费价格的传导效应较弱。
Based on the basic theory and empirical results, this part analyzes the reason and policy implication of incomplete exchange rate pass-through effect.
基于对前文基础理论和实证结果的综合分析，这一部分探讨了人民币汇率不完全传递的原因和政策含义。