exchange rate pass-through to domestic prices in the European transition economies. We estimate VAR model to investigate (1 …

Determining the exchange rate pass-through on inflation is a necessity for central banks as well as for firms and … short and long-term impact of an exchange rate shock on inflation along the distribution chain in the presence of … have showed that the accumulated PT on inflation of import prices rises from 20% in the first month of the exchange rate …

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

This paper follows the Bayesian time-varying VAR approach with stochastic volatility developed by Primiceri (2005), to … experienced high inflation. The impact of an exchange rate shock on prices seems to slightly decrease across time. …

Azerbaijan, Kazakhstan and Russia. Using the data of 2003:Q1- 2016:Q2, we estimate a VAR model and find significant but … should be assessed precisely and taken into account in monetary policy decisions and inflation forecasting. …

structural Bayesian VAR. Four domestic and two global shocks are identified through zero and sign restrictions. For both … economies, we find that the main driver of consumer price inflation is the global demand shock. A negative global demand shock …