An Assessment of the Exchange Rate Pass-Through in Angola and Nigeria /

This paper estimates the exchange rate pass-through to consumer price inflation in Angola and Nigeria, with particular emphasis on the changes of the pass-through over time. Even though the two countries share smilar dependence on oil exports, this paper reveals different results. For Angola, the lo...

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Bibliographic Details
Main Author: Lariau, Ana
Other Authors: El-Said, Moataz, Takebe, Misa
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/191
Online Access:Full text available on IMF
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245 1 3 |a An Assessment of the Exchange Rate Pass-Through in Angola and Nigeria /  |c Ana Lariau, Moataz El-Said, Misa Takebe. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper estimates the exchange rate pass-through to consumer price inflation in Angola and Nigeria, with particular emphasis on the changes of the pass-through over time. Even though the two countries share smilar dependence on oil exports, this paper reveals different results. For Angola, the long-run exchange rate pass-through to prices is high, though it has weakened in recent years reflecting the de-dollarization of the economy. In Nigeria, there is no stable long-run relationship between the exchange rate and prices, and changes in the exchange rate do not have a significant pass-through effect on inflation. However, the passthrough effect on core inflation is significant. 
538 |a Mode of access: Internet 
700 1 |a El-Said, Moataz. 
700 1 |a Takebe, Misa. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2016/191 
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