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  • 标题:Exchange Rate Pass-Through in Ghana
  • 本地全文:下载
  • 作者:Siaw Frimpong ; Anokye Mohammed Adam
  • 期刊名称:International Business Research
  • 印刷版ISSN:1913-9004
  • 电子版ISSN:1913-9012
  • 出版年度:2010
  • 卷号:3
  • 期号:2
  • 页码:186
  • DOI:10.5539/ibr.v3n2P186
  • 出版社:Canadian Center of Science and Education
  • 摘要:The paper examines the effect of exchange rate changes on consumer prices in Ghana using vector autoregression (VAR) models. Using a data set covering the periodn1990M01–2009M02, we find that the exchange rate pass-through to inflation is ‘incomplete’ and decreasing in Ghana. Our empirical results indicate a low but significant pass-through in the short run. We argue that the findings reflect the impact of increased openness and tighter monetary policy pursue by the central bank over the period
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