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Pass-Through of External Shocks to Inflation in Sri Lanka (EPub)
By:Nombulelo Duma
Published on 2008-03-01 by International Monetary Fund

This paper investigates pass-through of external shocks (exchange rate, oil price, and import price shocks) to inflation in Sri Lanka. The analysis is based on a vector autoregression (VAR) model that incorporates a distribution chain of pricing. The paper finds low and incomplete pass-through of external shocks to consumer inflation, reflecting a combination of factors including the existence of administered prices, high content of food in the consumption basket, and low persistence and volatility of the exchange rate. External shocks explain about 25 percent of the variation in consumer price inflation, reflecting room for domestic policies in controlling inflation.
This Book was ranked at 40 by Google Books for keyword Credit channel.
Book ID of Pass-Through of External Shocks to Inflation in Sri Lanka (EPub)'s Books is d4knF6KfLDoC, Book which was written byNombulelo Dumahave ETAG "N4aY3NReC58"
Book which was published by International Monetary Fund since 2008-03-01 have ISBNs, ISBN 13 Code is 9781451987294 and ISBN 10 Code is 1451987293
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