. There is strong evidence of a positive and significant association between the pass-through and the average inflation rate … across countries and periods. The inflation rate, moreover, dominates other macroeconomic variables in explaining cross …

Inflation Targeting for a set of developed and emerging market economies. We use a structural VAR model to estimate the effect … emerging than for developed economies, and that it has decreased after the adoption of Inflation Targeting. We then use several … foreign exchange market intervention after the adoption of Inflation Targeting. As the exchange rate pass-through still …

attention to the interaction between monetary policy and exchange rate movements. We address this issue using a structural VAR … the exchange rate), but maintains the recursive order for the traditional macroeconomic variables (GDP and inflation … 2.5-4 percent before it gradually depreciates back to baseline. Our results suggest more theory consistency in the …

the post-crisis period, the impact of both the external shock and the inflation targeting shock on exchange rates and …

for producing a single final product. Estimation of pass-through was done using World Input-Output Database (WIOD), World … cause a systematic upward bias in the estimation of ERPT. From empirical investigation, it is also evident that there exists …