developing countries in view of its profound implications on price and exchange rate stability as well as the macroeconomic … correction methodology, the paper found the exchange rate pass-through into Nigeria's CPI inflation to be incomplete. The long …

is easing capacity constraints and will ultimately help to moderate price inflation … determinants of inflation in GCC, using an empirical model that includes domestic and external factors. Inflation in major trading … through growth of credit and aggregate spending. In the short-run, binding capacity constraints also explain higher inflation …

and volatility of the exchange rate. External shocks explain about 25 percent of the variation in consumer price inflation …This paper investigates pass-through of external shocks (exchange rate, oil price, and import price shocks) to … inflation in Sri Lanka. The analysis is based on a vector autoregression (VAR) model that incorporates a distribution chain of …

explaining inflation fluctuations. We find that the direct impact of the global demand shock on the price dynamics is negligible … inflation variability while for the third country the contribution of the commodity shock dominates over the output gap in …In the paper we investigate, which shocks drive inflation in small open economies. We proceed in two steps. First, we …