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The article provides estimates of short-run and medium-run exchange rate pass-through into domestic prices in Russia during the period of 2000–2012 using vector error correction model. Exchange rate pass-through asymmetry estimates, its assessments on different sub-periods and exchange rate...
Persistent link: https://www.econbiz.de/10011398366
correction methodology, the paper found the exchange rate pass-through into Nigeria's CPI inflation to be incomplete. The long …
Persistent link: https://www.econbiz.de/10011460225
. Our results suggest the existence of nonlinearities in Mexico only for the merchandise inflation measure, including the … over headline inflation is small. Our results are consistent with the consolidation of a low ERPT in Mexico. …
Persistent link: https://www.econbiz.de/10012167284
This paper analyzes the exchange rate pass-through (ERPT) into consumer prices for 12 EA countries within a CVAR framework. Using the Johansen cointegration procedure, results indicate the existence of one cointegrating vectors at least for each EA country of our sample. When measuring the...
Persistent link: https://www.econbiz.de/10011259175
-elastic inputs for foreign producers. It is argued that due to high domestic inflation and substantial real appreciation of the …
Persistent link: https://www.econbiz.de/10001622349
-elastic inputs for foreign producers. It is argued that due to high domestic inflation and substantial real appreciation of the …
Persistent link: https://www.econbiz.de/10011476237
This study sought to identify the traditional and institutional inflation variables responsible for inflation … year. The study therefore concluded that inflation in Nigeria, during the studied period, was driven by the pass-through of … import prices to domestic prices via markup pricing by firms. This was aided by domestic inflation persistence. It is …
Persistent link: https://www.econbiz.de/10011661500
Regression model for the period 1995Q1 to 2018Q2. The empirical evidence reveals the existence of two inflation regimes during … the period under review. Food inflation, energy inflation, firms’ marginal cost, and imported inflation account for most … exchange rate solely explains price changes in the composite consumers’ basket when inflation switches to high regime …
Persistent link: https://www.econbiz.de/10012178169
The article analyses the impact of exchange rate changes on German export and import prices. The analytical framework is a mark-up model which is based on the assumption that the markets under consideration are imperfectly competitive as well as segmented. Hence, firms will no longer set prices...
Persistent link: https://www.econbiz.de/10003744526
-indices. Producer prices react significantlyto exchange rate shocks as well. In contrast, consumer price inflation for services and for …
Persistent link: https://www.econbiz.de/10009545250