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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Bibliografiska uppgifter
Huvudupphovsman: Peiris, Shanaka
Övriga upphovsmän: Ding, Ding
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/176
Länkar:Full text available on IMF