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Economics
Exchange Rate Pass-Through and Central Bank Credibility: Evidence on Inflation Targeting Countries

Elham Kamal

Volume 8, Issue 11 , November 2021, , Pages 795-815

https://doi.org/10.5281/zenodo.5987713

Abstract
  This paper sheds a new light on the role of central bank credibility (CBC) in explaining the extent of exchange rate pass-through (ERPT) in two stages. In the first stage, using 60 months rolling window regression of the inflation on the nominal effective exchange rate is obtained time-varying ERPT during ...  Read More