Does the South African rand's relatively large volatility affect inflation? To shed some light on this question, a … standard estimation technique of exchange rate pass-through to inflation is extended to incorporate exchange rate volatility …. Estimated results suggest that higher exchange rate volatility tends to increase core inflation but to a relatively limited …

This paper deals with the dynamic response of exchange rates, inflation and agricultural foreign trade in Bulgaria … domestic economies causing pressure on inflation in the long run; (ii) in the short run the impact of a positive shock in … international food price increases domestic inflation, depreci-ates the currency and reduces the agricultural trade; (iii) the …

Emerging economies with inflation targets (IT) face a dilemma between fulfilling the theoretical conditions of strict …

Emerging economies with inflation targets (IT) face a dilemma between fulfilling the theoretical conditions of strict …

strategies may be well described by Taylor rules with a time-varying inflation target, a time-varying natural rate of … benchmark model that does not account for changes in trend inflation and trend unemployment. …