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

Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This … paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past. We build a … fuel shortages, with implications for fuel and non-fuel inflation. A number of step-wise adjustments of administered prices …

This paper examines the relative importance of monetary growth and exchange rate depreciation as causes of inflation in … autoregression (VAR) analysis suggest that both monetary expansion and exchange rate adjustments cause inflation in a number of these … countries. However, the failure of the tests to attribute the bulk of the variance in inflation in most of the countries to …

The purpose of this paper is to empirically determine the causes of worldwide diversity of inflation volatility. We … with higher inflation volatility …

Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are … other regions. Furthermore, since monetary policy can range from very transparent to very opaque, we assess Africa''s track … extent of transparency. Our findings suggest that this is a promising line of inquiry because Africa does stand apart from …

Since the mid-1970s the annual inflation rate in Africa has averaged more than 15 percent, with many countries … experiencing rates of 20 percent or more. Inflation rates of this magnitude have significant adverse effects on the financial … strongly to monetary expansion as a major cause of inflation in African countries generally. Exchange rate depreciation is also …

Africa. The study focuses on seven countries, five of which decisively liberalized their foreign exchange regimes. The study …, and current account liberalization; and (ii) inflation and various determinants, including lagged inflation, the nominal … and the real exchange rate are significant determinants but not the exchange regime or liberalization; and for inflation …

inflation in 18 European emerging economies. Country specific VARs and panel estimates indicate that international commodity … price shocks have a significant impact on domestic inflation, but the inflation response is asymmetric for positive and … negative shocks. Cyclical fluctuations explain a relative small share of inflation variability, and the inflation response is …