Showing 1 - 10 of 713
This paper investigates the exchange rate responses to inflation in Bangladesh during the period from 1972-73 to 1999 …. Both annual and monthly data are used in the investigation. The results suggest that past consumer price inflation … effective exchange rate. The effect of inflation on devaluation, however, became weaker following the financial reforms …
Persistent link: https://www.econbiz.de/10014399641
autoregression (VAR) models. Using a data set covering the period 1990-2005, we find that the exchange rate pass-through to inflation … should remain vigilant in assessing the potential impact of foreign prices on the dynamics of inflation in Tanzania. In this … regard, the authorities should seek to maintain low and stable inflation and continue the ongoing structural reforms designed …
Persistent link: https://www.econbiz.de/10014402031
rise and fall of inflation during 1991-97. The methodology could usefully be applied to other economies whose exports are …
Persistent link: https://www.econbiz.de/10014403379
, and wages following the lira’s exit from the ERM in the fall of 1992. The model tracks reasonably well the inflation … overprediction of price and wage inflation …
Persistent link: https://www.econbiz.de/10014398126
Although accommodative policies and widespread indexation may account for the persistence of high inflation, they … cannot explain changes in the inflation rate. This paper examines the causes of such changes for the high-inflation episodes … immediately preceding the recent “heterodox” attempts at stabilization in Argentina, Brazil, and Israel. An attempt is made to …
Persistent link: https://www.econbiz.de/10014396235
The effect of the exchange rate regime on inflation and growth is examined. The 30-year data set includes over 100 … countries and nine regime types. Pegged regimes are associated with lower inflation than intermediate or flexible regimes. This …
Persistent link: https://www.econbiz.de/10014396415
This paper examines the factors underlying the stability of inflation observed following devaluations of the Spanish … completely offset by determinants of the cyclical position of the economy and the low inflation rate in 1993-94 should not be …
Persistent link: https://www.econbiz.de/10014395855
Persistent link: https://www.econbiz.de/10009419789
transmission of inflation from India. Because the Nepali currency is pegged to the Indian rupee and the two countries share an open … border, price developments in Nepal would be expected to mirror to those in India. The results show that inflation in India … and inflation in Nepal tend to converge in the long run. Our estimates indicate that the passthrough of inflation from …
Persistent link: https://www.econbiz.de/10014401069
combining the public finance view of inflation with multiple exchange markets. To account for the experience of many developing … rates were often announced as temporary. The paper shows that the dynamic response of inflation to the reform markedly … differ whether the announcement is credible or not. The paper also compares the response of inflation under a fixed crawl of …
Persistent link: https://www.econbiz.de/10014396487