This paper examines the question of whether inflation-targeting monetary policy is an
appropriate framework for Sub-Saharan African countries. The paper presents an overview …

This study revisits the extent of Exchange Rate Pass-Through (ERPT) in Nigeria based on a
Cointegrated Autoregressive Model proposed by Johansen (1988, 1995). Using the annual …

The rapid shift in trade policy towards greater openness is theoretically presumed to leave
domestic prices vulnerable to the change in exchange rate. This study investigates not only …

This study analyses the impact of the exchange rate fluctuations in the short and long-run in
Tunisia under a pure commitment policy through two channels. The first is the structural …

This paper examines the extent of pass-through of exchange rate into import prices for
Nigeria between 1980 and 2006 using the recently developed UECM-Bounds test proposed …

Conventional wisdom has generally held that macroeconomic policy should create an
enabling environment for industrial policy and should also maintain conditions which …

This working paper examines the question of whether inflation targeting monetary policy is
an appropriate framework for sub-Saharan African countries. The paper presents an …

Emerging economies are largely influenced by their vulnerability to domestic and external
shocks with the effect on economic prosperity usually more pronounced when driven by …

This paper attempts to examine the link between exchange rate and domestic price level in
Nigeria. Employing the VAR technique, the study used monthly series of inter-bank rate …

This paper investigates the exchange rate pass-through into import prices on aggregate and
disaggregates data levels in Jordan. We employ the bounds testing approach to …