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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Bibliographic Details
Main Author: Bhundia, Ashok
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/165
Online Access:Full text available on IMF