Alola, Uju Violet; Usman, Ojonugwa; Alola, Andrew Adewale - In: Financial innovation : FIN 9 (2023) 1, pp. 1-19
This study examines the exchange rate pass-through to the United States (US) restaurant and hotel prices by … distributed lag (NARDL) model, empirical evidence indicates asymmetric pass-through of exchange rate and monetary policy … the exchange rate causes a positive shock to restaurant and hotel prices. We found feedback causal effects between …