Does the South African rand's relatively large volatility affect inflation? To shed some light on this question, a … standard estimation technique of exchange rate pass-through to inflation is extended to incorporate exchange rate volatility …. Estimated results suggest that higher exchange rate volatility tends to increase core inflation but to a relatively limited …

This paper focuses on the role of the pass-through of the exchange rate and policydeterminants in driving inflation …, nonfood prices not only directly influence headline inflation, but also have an significant impact on food inflation via … second round effects; (ii) the pass-through of the exchange rate to headline inflation has jumped from zero to 11 percent …

Covid-19 and war-induced commodity price fluctuations, and broadening price pressures have led to a surge in inflation … raising concerns of youth unemployment. This paper explores the effects of inflation on private employment growth in SSA using … inflation and job creation in SSA, with job creation being negatively correlated with inflation rate when the latter is above 14 …

High and volatile inflation has been an endemic economic and social issue in Iran that has contributed to rising … poverty and social tensions. For policymakers to effectively address the inflation problem, it is critical to understand its … long-term determinants of inflation in Iran over the past two decades and identify policy options to curb it. Using …

This paper investigates the impact of fiscal shocks on inflation, using a large panel of 139 countries over the period … 1970–2021. First, both headline and core measures of inflation increase in response to expansionary shifts in the fiscal … with care in aggregate demand management as it has significant effects on inflation, which are highly dependent on fiscal …

Inflation in low-income countries is often high and volatile, driven by external shocks. In addition, inflation in … stability. We estimate the drivers of inflation in Guinea since the early 2000s, a period in which the country suffered major … shocks from pandemics, commodity price movements, and multiple military coups, and during which inflation averaged 12 percent …

After trailing Euro Area inflation closely in the recent past, inflation in the Western Balkans has accelerated faster … VAR, adapting them to the data availability and country specificities of the Western Balkans, to analyze the inflation … dynamics in the region. It finds that international food prices affect not only headline but also core inflation as well as …