An Empirical Investigation of Exchange Rate Pass-Through in South Africa /
This paper analyzes the degree to which fluctuations in the nominal exchange rate passthrough to consumer prices in South Africa. While the average pass-through is found to be low, evidence from a structural vector autoregression suggests it is much higher for nominal (versus real) shocks. Historica...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2002.
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Series: | IMF Working Papers; Working Paper ;
No. 2002/165 |
Online Access: | Full text available on IMF |