Asymmetry in Exchange Rate Pass-Through to Consumer Prices: New Perspective from Sub-Saharan African Countries

Asymmetry in Exchange Rate Pass-Through to Consumer Prices: New Perspective from Sub-Saharan African Countries

This paper examines the asymmetrical relationship between exchange rate and consumer prices in 40 sub-Saharan African (SSA) countries from 1990Q1 to 2017Q4. We estimate the exchange rate pass-through (ERPT) to consumer prices for each country by using the nonlinear autoregressive distributed lag (NA...

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Bibliographic Details
Main Authors: Diby François Kassi, Dilesha Nawadali Rathnayake, Akadje Jean Roland Edjoukou, Yobouet Thierry Gnangoin, Pierre Axel Louembe, Ning Ding, Gang Sun
Format: Article
Language:English
Published: MDPI AG 2019-01-01
Series:Economies
Subjects:
asymmetry
exchange rate pass-through
NARDL
inflation
sub-Saharan Africa
Online Access:http://www.mdpi.com/2227-7099/7/1/5

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