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Sadeghi, Seyed Kamal, Feshari, Majid, Barzegar Marvasti, Maryam, Ghanbari, Zhila. (1394). Exchange Rate Pass-Through and Inflation in Dollarized Economies: Evidence from the Middle Eastern and North African Countries. , 19(2), 139-147. doi: 10.22059/ier.2015.56075
Seyed Kamal Sadeghi; Majid Feshari; Maryam Barzegar Marvasti; Zhila Ghanbari. "Exchange Rate Pass-Through and Inflation in Dollarized Economies: Evidence from the Middle Eastern and North African Countries". , 19, 2, 1394, 139-147. doi: 10.22059/ier.2015.56075
Sadeghi, Seyed Kamal, Feshari, Majid, Barzegar Marvasti, Maryam, Ghanbari, Zhila. (1394). 'Exchange Rate Pass-Through and Inflation in Dollarized Economies: Evidence from the Middle Eastern and North African Countries', , 19(2), pp. 139-147. doi: 10.22059/ier.2015.56075
Sadeghi, Seyed Kamal, Feshari, Majid, Barzegar Marvasti, Maryam, Ghanbari, Zhila. Exchange Rate Pass-Through and Inflation in Dollarized Economies: Evidence from the Middle Eastern and North African Countries. , 1394; 19(2): 139-147. doi: 10.22059/ier.2015.56075

Exchange Rate Pass-Through and Inflation in Dollarized Economies: Evidence from the Middle Eastern and North African Countries

Iranian Economic Review
مقاله 2، دوره 19، شماره 2، تیر 2015، صفحه 139-147    اصل مقاله (504.81 K)
نوع مقاله: Research Paper
شناسه دیجیتال (DOI): 10.22059/ier.2015.56075
نویسندگان
Seyed Kamal Sadeghi1؛ Majid Feshari2؛ Maryam Barzegar Marvasti* 3؛ Zhila Ghanbari4
1Associate Professor, University of Tabriz, Iran
2Assistant Professor, Kharazmi University, Iran
3Ph.D. Candidate, University of Tabriz, Iran
4MSc. Student, University of Tabriz, Iran
چکیده
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 selected Middle Eastern and North Africancountries with emphasis on the dollarization regime over the period from 1994 to 2012. The empirical model has been estimated by GMM approach for these countries. The main findings of this paper reveal that exchange rate appreciation (currency depreciation) has a positive and significant influence on the domestic inflation, and this effect is greater than in highly dollarized economies.
کلیدواژه‌ها
Dollarization؛ exchange rate pass-through؛ Generalized Method of Moments؛ Inflation
مراجع
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