Goldfajn, Ilan; Werlang, Sérgio Ribeiro da Costa - Central Bank of Brazil, Research Department - 2000
The paper studies the relationship between exchange rate depreciations and inflation using a sample of 71 countries in the period 1980-1998. The main determinants of the extent of inflationary pass-through of the depreciations (appreciations) are the cyclical component of output, the extent of...
