Global Commodity Prices, Monetary Transmission, and Exchange Rate Pass-Through in the Pacific Islands /
Pacific Islands countries are vulnerable to commodity price shocks, and this poses challenges to monetary policy. The high degree of exchange rate pass-through to headline inflation and the weak monetary transmission mechanism in PICs suggest a greater efficacy of exchange rate changes in affecting...
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Altres autors: | |
Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2012.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2012/176 |
Accés en línia: | Full text available on IMF |