T he investigation of exchange rate pass-through is an important issue in international finance. The relationship between exchange rate pass-through and exchange rate arrangements such as the dollarization regime has been examined in recent decades. For this purpose, the main objective of this study is to investigate the effect of exchange rate pass-through on the domestic inflation in selecte...

making capital and investment is the main driving forces of economic development. based on the investment sensitivity to the changes of some of macro-economic variables and risk and uncertainty, the present study evaluated the effective factors on investment in private sector in iran during 1980-2007. at first, the uncertainty variables of real informal exchange rate, nominal interest rate and ...

This study employs the panel vector autoregressive (PVAR) model to examine spillover effect of US unconventional monetary policy on inflation and non-inflation targeting emerging markets post credit crunch during COVID-19 from 2000Q1 2020Q4. Unlike other analyses, this paper adds existing body knowledge by employing a dummy variable represent United States’ quantitative easing. Other included c...

abstract t he relationship between public sector deficits and inflation is one of the important and controversial issues in the academic literature as well as in economic policy field. on the other hand, a major objective of macroeconomic policies is to foster economic growth and to keep inflation on a low level. so keeping the price stability plays an important role in determining the growth r...

The 1990s have seen a growing number of countries adopt a new approach to the conduct of monetary policy: inflation targeting. Canada was one of the first, formally embarking on this approach in February 1991. It has been very successful in the countries that have adopted it, producing low and stable inflation without lowering output growth (and arguably, helping to increase economic growth). D...