is a potentially important source of inflation in Ghana. Using variance decomposition analyses, it is found that monetary … policy implication of these findings is that policies that aim at lowering inflation must focus on monetary and exchange rate …

This paper provides an empirical study of the asymmetrical spillovers of the euro-US dollar exchange rate on inflation … the only key factor, in determining the asymmetry in inflation between core and periphery. The nominal effective exchange … rate instead is a very important driver for the inflation only considering the whole euro zone. Therefore, the EMU seems to …

unstable external and internal values. The most evident one is the reduction of a long-term inflation rate. The objective of … regions and of different development levels. The results suggest that the monetary integration influences the inflation …

This paper examines the presence of nonlinear mechanisms in the exchange rate pass-through (ERPT) to CPI inflation for … three macroeconomic factors, namely inflation rate, exchange rate fluctuations and business cycle. Our results reveals that … exchange rate transmission is higher when inflation rate surpass some threshold. We give a supportive evidence to the Taylor …

This paper examines the extent to which changes in exchange rates result in changes in Turkish domestic inflation … that exchange rate shocks feed into domestic inflation, first at the level of manufacturers’ prices and then at the level … manufacturer price index in determining Turkish inflation rates. In addition, the decline in the exchange rate pass-through impact …

This paper uses panel data cointegration techniques to study the impacts of real exchange rate misalignment and real … real exchange rate misalignment and real exchange rate volatility affect negatively exports. The results also illustrate … that real exchange rate volatility is more harmful to exports than misalignment. These outcomes are corroborated by …

The paper studies the misalignment2-exchange rate regime linkages by pursing three avenues. First, does misalignment … vary across alternative de jure and de facto exchange rate systems? Second, can these misalignment-effects be explained by … pay off? The regression analysis reveals that misalignment is larger in fixed systems, with middle income and the CFA …

The paper examines misalignment of the Turkish lira between 1998 to 2008. Misalignment, specifically overvaluation has … floating exchange rate regime, we contribute to the literature on the relation between misalignment and exchange rate regimes …. We first estimate the equilibrium real exchange rate for Turkey, then compute misalignment and finally test for …

This study documents a quantitative analysis of exchange rate volatilities and misalignment in Uzbekistan for the … period of 1994q3–2005q2. The results suggest thatthe real exchange rate volatility and misalignment have depressing effects …

mainly to the behavior of oil prices, the misalignment of the real exchange rate and monetary expansions or contractions. …