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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Dettagli Bibliografici
Autore principale: Bhundia, Ashok
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2002.
Serie:IMF Working Papers; Working Paper ; No. 2002/165
Accesso online:Full text available on IMF