| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5083858 | International Review of Economics & Finance | 2013 | 17 Pages |
Abstract
⺠The exchange rate of high-inflation countries against the US dollar is estimated. ⺠We test whether inflation persistent coincides with exchange rate movements. ⺠We use of econometric techniques which allow breaks and nonlinear modelling. ⺠The currency status cannot alone explain the behaviour of the inflation rate. ⺠Inflation persistence is explained by the depreciating trend of the home currency.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Nikolaos Giannellis, Minoas Koukouritakis,