Exchange Rate Regimes and Persistence of Inflation in Thailand

  • Komain Jiranyakul
  • Published 2013


This paper explored the degree of inflation persistence in Thailand using both headline and sectoral CPI indices during the 1985-2012 period. The results showed that the degree of persistence was low across the fixed and floating exchange rate regimes. The mean shifts appeared to be mostly negative by the impact of switching from fixed to floating exchange… (More)