Luyinduladio, Menga (2010): Degré de répercussion du Taux de change sur l’Inflation en République Démocratique du Congo de 2002 à 2007.
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Abstract
This study examines for period going from 2002 to 2007 in the case of the Democratic Republic of Congo, the existence of a degree of pass through between the rate of exchange and inflation. The model VAR was chooses in order to clarify the relation which exists between the reactions of the general index of the price the consumer domestic, of the price index of the gasoline following the innovations of the rate of exchange. The results of the empirical analysis show that the innovations on the rate of exchange (DE) involve a rapid answer on the consumer price index (IPC) and the price index of gasoline (IPP). This is explained by the fact, as announces Krugman(2006) that in "an inflationary economy, it is difficult to simply modify the rate of real exchange by changing the rate of nominal exchange, insofar as the rise of the request which results from it quickly causes an interior inflation and thus a rise of the domestic prices".
Item Type: | MPRA Paper |
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Original Title: | Degré de répercussion du Taux de change sur l’Inflation en République Démocratique du Congo de 2002 à 2007 |
English Title: | Pass-Through of Exchange rate to inflation in DRC 2002 to 2007 |
Language: | French |
Keywords: | Inflation, taux de change, Degré de répercussion, modèle VAR |
Subjects: | C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C22 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F41 - Open Economy Macroeconomics E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E41 - Demand for Money |
Item ID: | 21970 |
Depositing User: | MENGA LUYINDULADIO |
Date Deposited: | 09 Apr 2010 07:33 |
Last Modified: | 28 Sep 2019 15:23 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/21970 |