Tipo di tesi
Tesi di laurea magistrale
Titolo
Price Dynamics and Exchange rate Pass-through: Evidence from Ghana
Dipartimento
ECONOMIA E MANAGEMENT
Data inizio appello
12/06/2017
Riassunto (Italiano)
The thesis studies the degree of the exchange rate pass-through into prices in Ghana from the first quarter of 1991 to the first quarter of 2015 and also yearly data from 1971 to 2015. By adopting the vector auto regression (VAR) approach the study distinguishes the varying degrees of the pass-through into prices. The exchange rate pass-through is measured by analyzing the change in Impulse-response functions (IRFs) in these periods. Using a four variable model, the results indicates the degree of the pass-through into consumer Prices in Ghana are generally Incomplete, small and slow in adjusting and also, pass-through to import and export prices is low and incomplete.