Degré de répercussion du Taux de change sur l’Inflation en République Démocratique du Congo de 2002 à 2007

Pass-Through of Exchange rate to inflation in DRC 2002 to 2007

Menga Luyinduladio

MPRA Paper from University Library of Munich, Germany

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".

Keywords: Inflation; taux de change; Degré de répercussion; modèle VAR (search for similar items in EconPapers)
JEL-codes: C22 E41 F41 (search for similar items in EconPapers)
Date: 2010-04-08
New Economics Papers: this item is included in nep-afr
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/21970/1/MPRA_paper_21970.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:21970

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().