Aron, Janine; Farrell, Greg; Muellbauer, John; … - In: Journal of Development Studies 50 (2014) 1, pp. 144-164
Understanding how import prices adjust to exchange rates helps anticipate inflation effects and monetary policy responses. This article examines exchange rate pass-through to the monthly import price index in South Africa during 1980-2009. Short-horizon pass-through estimates are calculated...