/depreciations and inflation by estimating nonlinear time series models. Motivated by theoretical and empirical results in the literature …-through regimes depending upon the magnitude of appreciations of a currency and inflation rates both in the short-run and in the long …-run. Results also reveal threshold effects and asymmetry in the pass-through relationship over appreciations/depreciations as well …

cyclical movements in Treasury bond premia. Downward nominal rigidities create state-dependence in output and inflation … dynamics: a higher level of inflation makes prices more flexible, leading output and inflation to be more volatile, and bonds … to become more risky. The model matches well the relation between the level of inflation and a number of salient macro …

as much as an equivalent decrease reduces it. •The asymmetry in the response of underlying inflation to changes in energy … situation, it is worth analysing whether an energy price increase raises underlying inflation more than an energy price decrease … reduces it. Takeaways •Over a one-year horizon, a large hike in energy prices increases underlying inflation by around twice …

shocks, demand shocks, external shocks and demographic changes, the issue of inflation (INF) has also been found to be … determinants such as output growth rate, interest rate, trade-openness (TO) and oil price inflation (OPI). Design …/methodology/approach - To examine the dynamic nature of association between fiscal deficit and inflation, the study applies the Toda …

low inflationary environment than in countries with floating exchange rate regimes and high inflation levels. Pass …

This study examines the impact of oil price shocks on inflation in Nigeria. A Non-Linear Autoregressive Distributed Lag … toincrease in headline, core and food measures of inflation in Nigeria. However, a de-cline in oil price resulted in a decline in … the marginal cost of production and culmi-nated in moderation of domestic inflation. Furthermore, negative oil price …

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 … endogeneity, nonlinearity and asymmetry. The econometric model is a smooth transition autoregressive vector estimated by Bayesian …