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Tunisia: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper analyzes trends in Tunisian inflation. It computes measures of core inflation, and develops a simple framework for forecasting inflation. The paper econometrically estimates the degree of exchange rate pass-through in Tunisia. The methodology relies on time series and panel estimation methods, using both monthly and quarterly data for a basket of 43 consumption products during 1995–2006. It summarizes the results of some empirical studies on developing and emerging economies. It also describes the fluctuations in the nominal effective exchange rate in Tunisia and the resulting effects on inflation.

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  • International Monetary Fund, 2007. "Tunisia: Selected Issues," IMF Staff Country Reports 2007/319, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/319
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    References listed on IDEAS

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    1. Jeffrey Frankel & David Parsley & Shang-Jin Wei, 2012. "Slow Pass-through Around the World: A New Import for Developing Countries?," Open Economies Review, Springer, vol. 23(2), pages 213-251, April.
    2. Choudhri, Ehsan U. & Hakura, Dalia S., 2006. "Exchange rate pass-through to domestic prices: Does the inflationary environment matter?," Journal of International Money and Finance, Elsevier, vol. 25(4), pages 614-639, June.
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    7. International Monetary Fund, 2002. "Tunisia’s Experience with Real Exchange Rate Targeting and the Transition to a Flexible Exchange Rate Regime," IMF Working Papers 2002/190, International Monetary Fund.
    8. Haroon Mumtaz & Özlem Oomen & Jian Wang, 2006. "Exchange rate pass-through into UK import prices," Bank of England working papers 312, Bank of England.
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    11. Jose Manuel Campa & Linda S. Goldberg, 2008. "Pass-Through of Exchange Rates to Consumption Prices: What Has Changed and Why?," NBER Chapters, in: International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy, pages 139-176, National Bureau of Economic Research, Inc.
    12. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
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    Cited by:

    1. Leila Baghdadi & Hendrik Kruse & Inma Martínez-Zarzoso, 2015. "An Estimation of Traiff Pass-Through in Tunisia," Working Papers 963, Economic Research Forum, revised Oct 2015.

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