An Empirical Invistigation of the Exchange Rate Pass-through to Prices in Morocco

An Empirical Invistigation of the Exchange Rate Pass-through to Prices in Morocco

Chatri Abdellatif

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Maarouf Abdelouahab Et Ragbi Aziz

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Mohammed V University

An Empirical Invistigation of the Exchange Rate Pass-through to Prices in Morocco

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Abstract

In this paper, we use Structural Vector Autoregressive model to evaluate the degree of exchanges rate pass-through to domestic prices. Our results suggest that the responsiveness of the later is low overall, decreases over time and it is higher for tradable than non-tradable goods. The low inflation environment, the modernization of the monetary policy framework and the country’s import structure are the main factors explaining these results. This would facilitate the implementation of a more flexible exchange rate regime and explicit long-run inflation objective in Morocco.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Chatri Abdellatif. 2016. \u201cAn Empirical Invistigation of the Exchange Rate Pass-through to Prices in Morocco\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 16 (GJMBR Volume 16 Issue B5).

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GJMBR Volume 16 Issue B5

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification JEL Code: P22

E30

Submission ReceivedDecember 7, 2015
Peer Review Double Blind
Handling Editor
Accepted January 2, 2016
Published January 15, 2016

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v1.2

Issue date

September 3, 2016

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Article Matrices

Total Score: 122

Country: Morocco

Subject: Global Journal of Management and Business Research - B: Economic & Commerce

Authors: Chatri Abdellatif, Maarouf Abdelouahab Et Ragbi Aziz (PhD/Dr. count: 0)

View Count (all-time): 181

Total Views (Real + Logic): 3731

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Publish Date: 2016 09, Sat

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Total Views: 3731

Total Downloads: 1940

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