Asymmetric real exchange rate pass-through and poverty in China: evidence from a nonlinear model

This article provides evidence on asymmetric real exchange rate pass-through to poverty for the Chinese economy by using the nonlinear auto-regressive distributed lag model spanning the period 1981-2012. The results corroborate the asymmetric pass-through predictions, with depreciations having a stronger impact on poverty. They also survive an alternative measure of poverty.