dp 09 2003 english version bank of thailand inflation dynamics and its implications for monetary policy by anotai buddhari varapat chensavasdijai december discussion paper e mail address anotaii bot or th varapatc the opinions expressed in this are those author s should not be attributed to group views authors do necessarily represent abstract since may 2000 adopted targeting as framework making price stability overriding objective understanding transmission mechanism is therefore crucial assessment decision particular concern key determinants their relative importance over time given pervasive influence exchange rate economy employs econometric models measure pass through movements domestic prices doing so it evaluates whether degree varies across sectors reasons that explain weak
