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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Gueorguiev, Nikolay
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2003.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2003/130
Online Zugang:Full text available on IMF