ASYMMETRIC EXCHANGE RATE PASS-THROUGH TO INFLATION IN SIERRA LEONE: EVIDENCE FROM A NONLINEAR ARDL MODEL
This article examines asymmetric exchange-rate pass-through to inflation in Sierra Leone using annual data for 1980–2024 and a Nonlinear Autoregressive Distributed Lag model (NARDL). The analysis separates depreciation from appreciation in order to test whether exchange rate losses and gains transmit differently to dom...