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The Asymmetric Exchange Rate Pass-Through To Inflation In The Selected ASEAN Countries
This study explains the asymmetric Exchange Rate Pass-Through (ERPT) to inflation in Indonesia, Malaysia, and the Philippines, which adopted the floating exchange rate after the 1998 financial crisis. Our empirical results show the existence of the long-run asymmetric ERPT to inflation such that there is no full transmission of depreciation to inflation in each country. The highest degree of ERPT to inflation occurred in Indonesia, while in Malaysia, and the Philippines depreciation (appreciation) is not completely transmitted in the short run. We find that a depreciation has a stronger impact on inflation than appreciation.
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.2 - Karya Akhir (Majalah) | 1 |
| Penerbit | Jakarta: Bank Indonesia 2023 |
|---|---|
| Edisi | Volume 26, Number 1, 2023 |
| Subjek | ASEAN Countries Inflantion Assymetric |
| ISBN/ISSN | 2460-9196 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 192 p. |
| Info Detail Spesifik | Bulletin Of Monetary Economics And Banking |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |