This paper investigates the exchange rate pass-through into import prices in a sample of 24
developing countries over the period from 1980 to 2003. We estimate a pass-through …

Recent research suggests that there has been a decline in the extent to which firms “pass-
through” changes in exchange rates to prices. This paper provides further evidence in …

This brief review takes stock of the recent literature on monetary policy under inflation
targeting and introduces new analytical and empirical research in this field. Six key areas of …

The impact of changes in exchange rate on inflation is an issue of extreme importance for
nations with a history of high inflation. While there have been significant studies on industrial …

This paper examines the historical evolution of central bank credibility using both historical
narrative and empirics for a group of 16 countries, both advanced and emerging. It shows …

Latin American economies are exposed to substantial external vulnerability. Domestic
imbalances and terms of trade shocks are often exacerbated by sharp shifts in the net supply …

This study relates to the literature on the exchange rate pass-through effect on inflation for
developing economies under inflation targeting. The novelty concerns the investigation of …

The importance of economic growth cannot be overstated. Income growth is essential for
achieving economic, social, and even political development. In recent years, an enormous …

Several studies have shown that over the past 10 years the passthrough effect from currency
depreciation into domestic inflation has been decreasing in emerging economies that …

Latince “şişkinlik” anlamına gelen, gündelik yaşamda da mal ve hizmetlerin fiyatlarındaki
sürekli veistikrarsız bir şekilde görülen artışlar olarak tanımlanan enflasyon; fiyatlar genel …