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The school governance environment is an important determinant of schooling quality and thus of development. This article explores how school governance is influenced by teacher unions and teacher politicians by presenting evidence on the political penetration of teachers, the activities of...
Persistent link: https://www.econbiz.de/10010692619
Understanding how import prices adjust to exchange rates helps anticipate inflation effects and monetary policy responses. This article examines exchange rate pass-through to the monthly import price index in South Africa during 1980-2009. Short-horizon pass-through estimates are calculated...
Persistent link: https://www.econbiz.de/10010953059
A sizeable literature examines exchange rate pass-through to disaggregated import prices, but few micro-studies focus on consumer prices. This article explores exchange rate pass-through to consumer prices in South Africa, for 2002-2007, using a unique data set of highly disaggregated data at...
Persistent link: https://www.econbiz.de/10010953076
Global integration has increased the international linkages of financial markets for emerging market countries. A key channel for the international transmission of inflation and economic cycles is from exchange rate movements to domestic prices, known as exchange rate pass-through (ERPT). This...
Persistent link: https://www.econbiz.de/10010761199
The interest in exchange rate pass-through (ERPT) in emerging market and developing economies has burgeoned in the last two decades. Small, open and trade-dependent economies embody special features that can make it difficult to obtain reliable estimates of ERPT. This Special Section includes a...
Persistent link: https://www.econbiz.de/10010761205