Price and Exchange Rate Dynamics in Kenya : An Empirical Investigation.

The paper investigates the relationships between domestic and foreign price levels and the exchange rate and other macro-variables. The real exchange rate is estimated as a cointegrating vector that spans the variables in a purchasing power parity relation. An exchange rate pass-through equation is estimated, and it is seen that the rate of inflation is affected largely by the pass-through effects from exchange rate changes and the world rate of inflation.

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Year of publication:	1997
Authors:	Ndung'U, N-S
Institutions:	African Economic Research Consortium
Subject:	INFLATION \| PRICES \| EXCHANGE RATE \| KENYA

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Series:	African Economic Research Consortium.
Type of publication:	Book / Working Paper
Notes:	38 pages
Classification:	E31 - Price Level; Inflation; Deflation ; F31 - Foreign Exchange
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005669403