Inflation Differential Pass-Through to Exchange Rate: Some Evidence From Pakistan
Using regression and wavelet coherence techniques this paper tries to probe the validity of purchasing power parity (PPP) in Pakistan. For this purpose, monthly data is collected for nominal exchange rate and consumer prices of Pakistan and its 23 major trading partners for the flexible exchange rat...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
SAGE Publishing
2023-12-01
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Series: | SAGE Open |
Online Access: | https://doi.org/10.1177/21582440231221316 |