inflation targeting regime in the transmission from exchange rate movements to prices. We perform a set of robustness checks …

explain the observed exchange rate and inflation variability as well as the fact that the regression and VAR estimates tend to …

excluding interest on mortgate bonds) inflation did not increase significantly until December 2001, when positive nominal shocks …

aftermath of the global financial crisis as CCA countries have entered a relatively low inflation environment. The pass …-through estimates could be used by the CCA monetary authorities for inflation projections. The absence of non-linearities in the pass …

Determining the magnitude and speed of the exchange rate passthrough (ERPT) to inflation has been of paramount …-makers should continue to pursue low and stable inflation and develop a strong track record of prudent macroeconomic policies for …

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 …