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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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2012.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2012/141 |
| 在線閱讀: | Full text available on IMF |