Showing 1 - 10 of 1,938
This paper examines the extent to which changes in exchange rates result in changes in Turkish domestic inflation … that exchange rate shocks feed into domestic inflation, first at the level of manufacturers’ prices and then at the level … manufacturer price index in determining Turkish inflation rates. In addition, the decline in the exchange rate pass-through impact …
Persistent link: https://www.econbiz.de/10008497664
This paper provides an empirical study of the asymmetrical spillovers of the euro-US dollar exchange rate on inflation … the only key factor, in determining the asymmetry in inflation between core and periphery. The nominal effective exchange … rate instead is a very important driver for the inflation only considering the whole euro zone. Therefore, the EMU seems to …
Persistent link: https://www.econbiz.de/10011108149
We model a typical Asian-crisis-economy using dynamic general equilibrium tech-niques. Exchange rates obtain from nontrivial fiat-currencies demands. Sudden stops/bank-panics are possible, and key for evaluating the merits of alternative ex-change rate regimes. Strategic complementarities...
Persistent link: https://www.econbiz.de/10005037756
The purpose of this study is to determine the factors contributing to real exchange rate fluctuations in Kenya; whether the real exchange rate responds more to real or to nominal shocks. A vector autoregression framework is applied in the analysis yielding impulse responses and decompositions of...
Persistent link: https://www.econbiz.de/10011124293
This paper analyzes the exchange rate pass-through (ERPT) into consumer prices for 12 EA countries within a CVAR framework. Using the Johansen cointegration procedure, results indicate the existence of one cointegrating vectors at least for each EA country of our sample. When measuring the...
Persistent link: https://www.econbiz.de/10011259175
some macroeconomic variables such as exchange rate, inflation and interest rate in Nigeria using Autoregressive Distributed … effective and efficient policy control measure should be develop and implement to normalize exchange rate, inflation and …
Persistent link: https://www.econbiz.de/10011260363
basket and the estimate shows that Euro’s has increased during the period, consistent with the goals against inflation. This …
Persistent link: https://www.econbiz.de/10008516570
the redistributive effects of inflation. The anti-inflationary objective is a priority for Gulf Countries, which entails … not only countering the effects, but also removing the causes of inflation. The experience of the new millennium showed … that the dollar peg, which characterizes the exchange rate regime of the GCC Countries, was a major vehicle of inflation …
Persistent link: https://www.econbiz.de/10008493024
floating exchange rates, raising domestic inflation can increase production if credit is rationed. However, there exist … inflation thresholds: increasing inflation beyond the threshold level will reduce domestic output. Instability, indeterminacy of … high rates of domestic inflation- increases the scope for indeterminacy and economic fluctuations. …
Persistent link: https://www.econbiz.de/10005037728
is a potentially important source of inflation in Ghana. Using variance decomposition analyses, it is found that monetary … policy implication of these findings is that policies that aim at lowering inflation must focus on monetary and exchange rate …
Persistent link: https://www.econbiz.de/10008869291