Using an autoregressive distributed lag (ARDL) approach, this paper empirically analyses whether the response of … inflation to its determinants differs at short and long horizons. The results from the bounds test provide evidence of the … changes in the nominal interest rate and the exchange rate volatility. Interestingly, the analysis shows that the short …

to 2020. Quarterly data was used employing the Autoregressive Distributed Lag (ARDL) model given the order of integration … results also show that there is a negative relationship between the stock market and the interest rate as well as inflation as …

assessments on different sub-periods and exchange rate volatility effect on pass-through are also provided. …

volatility and macroeconomic instability in the midst of the global recession. …