Exchange Rate Pass-Through in the Caucasus and Central Asia

Exchange Rate Pass-Through in the Caucasus and Central Asia
This paper estimates the extent and speed of exchange rate pass-through (ERPT) in seven Caucasus and Central Asia (CCA) countries using monthly data over the January 1995–May 2020 period. The estimations are performed using the local projections method. We find that the average pass-through in the CCA is about 10 percent on impact and about 25... READ MORE...

Publication date: August 2020
ISBN 9781513552958
$18.00

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