Price level and inflation in the GCC countries
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- 作者：Hasan Mursheda ; hmurshed@uob.edu.bh" class="auth_mail" title="E-mail the corresponding author ; Ashraf Nakibullahb ; anakibullah@gmail.com" class="auth_mail" title="E-mail the corresponding author
- 关键词：Imported inflation ; Exchange rate pass-through ; ARDL model ; Bounds testing technique
- 刊名：International Review of Economics & Finance
- 出版年：2015
- 出版时间：September 2015
- 年：2015
- 卷：39
- 期：Complete
- 页码：239-252
- 全文大小：735 K
文摘
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The paper identifies the determinants of inflation in the GCC countries.
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The GCC inflation rates are substantially explained by those of their trading partners.
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The exchange rate pass-through to the GCC inflation is minimal (negligible).
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Domestic factors play only a small part in the inflation rates of the GCC countries.