The pass-through from exchange rate changes to inflation differs depending on the underlying shock. This paper …

This paper uses the impulse response from an estimated structural autoregressive model of the inflation process to … elasticity of inflation to exchange rate changes is about 0.02, and it takes about eight quarters to reach its full-impact of … variance decomposition analysis suggests that money supply has contributed more to Nigeria's inflation process relative to the …

economies, we find that the main driver of consumer price inflation is the global demand shock. A negative global demand shock …

does not play a role in restricting inflation in the short-run. On the other hand, a fixed exchange-rate regime plays a … significant role. The results are robust to controlling for other variables that determine inflation, performing sensitivity …

. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …

This paper examines the extent of misalignment of the real effective exchange rate (REER) of South African rand. With …, external openness, capital flows and government expenditure. The MSM correctly captures exchange rate misalignment as distinct …

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 …

that the oil price passes through core inflation only via its effect on the whole economy. This pass-through is estimated …