Ben Cheikh, Nidhaleddine - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-39, pp. 1-28
This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 … to the direction and the magnitude of exchange rate changes. On the one hand, the author finds only 5 out of 12 EA … countries showing asymmetric pass-through related to exchange rate appreciations and depreciations. Results are somewhat mixed …