01711cas a2200253 a 4500 AALejournalIMF011864 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475503555 1018-5941 BD-DhAAL BD-DhAAL Masha, Iyabo. Exchange Rate Pass Through to Prices in Maldives / Iyabo Masha, Chanho Park. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This study examines the degree of exchange rate pass through (EPRT) into producer and consumer prices in Maldives. ERPT to consumer prices is first estimated using a nonparametric approach. A recursive vector autoregression is then used to model both consumer and producer price changes. The nonparametric estimation indicates that ERPT to consumer prices is very high, both in absolute terms and relative to other countries. The dynamics of ERPT as derived from the empirical estimation indicate that ERPT to consumer and producer prices is significant but not complete, and that the impact of exchange rate changes persists into the second year. Mode of access: Internet Park, Chanho. IMF Working Papers; Working Paper ; No. 2012/126 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/126/001.2012.issue-126-en.xml IMF e-Library