Exchange Rate Pass-Through in Romania /
Quantifying the size and speed of the exchange rate pass-through to prices is important for formulating monetary policy decisions in Romania. Using a recursive VAR model, this paper finds that (i) the pass-through is large and relatively fast, accounting for a sizable fraction of inflation; (ii) the...
Autor principal: | |
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Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2003.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2003/130 |
Accés en línia: | Full text available on IMF |