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Exchange rate pass-through: evidence from the Syrian economy

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  • Mouyad Al Samara
  • Cindy Moons
  • Jan Hove

Abstract

This paper studies the exchange rate pass-through in the Syrian economy over the period 1990Q1-2009Q4. To this end it constructs a cost of imports indicator which is used in an Autoregressive Distributed Lag (ARDL) approach. The findings point to a high and fast exchange rate pass-through effect. As a consequence, Syrian macro-economic performance is very sensitive to international price evolutions as well as depreciations of the Syrian Pound. Copyright Springer-Verlag Berlin Heidelberg 2013

Suggested Citation

  • Mouyad Al Samara & Cindy Moons & Jan Hove, 2013. "Exchange rate pass-through: evidence from the Syrian economy," International Economics and Economic Policy, Springer, vol. 10(3), pages 405-425, September.
    • Handle: RePEc:kap:iecepo:v:10:y:2013:i:3:p:405-425
    DOI: 10.1007/s10368-013-0235-x
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    Cited by:

    1. Alsamara, Mouyad, 2022. "Do labor remittance outflows retard economic growth in Qatar? Evidence from nonlinear cointegration," The Quarterly Review of Economics and Finance, Elsevier, vol. 83(C), pages 1-9.

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    More about this item

    Keywords

    E31; F41; F3; C32; Exchange rate pass-through; Cost of imports; Inflation and ARDL approach;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F3 - International Economics - - International Finance
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models

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