This paper sheds new light on the role of inflation regime in explaining the extent of exchange rate pass-through (ERPT …) into import prices. In order to classify his sample of 24 developing countries by regimes of inflation, Barhoumi [(2006 …”, Economic Modeling, 23 (6), 926-951.] chose an arbitrary threshold of 10% to split sample between high and low inflation regimes …

cross-country differences in the long run ERPT. We find that inflation regime and exchange rate volatility are potential … area. The observed decline in ERPT to import prices was synchronous to the shift towards reduced inflation regime. …

This paper takes a panel cointegration approach to the estimation of short- and long-run exchange rate pass …

inflation targeting regime in the transmission from exchange rate movements to prices. We perform a set of robustness checks …