Exchange Rate Pass-Through in Sub-Saharan African Economies and its Determinants /

This paper analyzes the exchange rate pass-through to domestic prices and its determinants in sub-Saharan African countries. It finds that the pass-through is incomplete. The pass-through is larger following a depreciation than after an appreciation of the local currency. The average elasticity is e...

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Hlavní autor: Razafimahefa, Ivohasina
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Working Papers; Working Paper ; No. 2012/141
On-line přístup:Full text available on IMF