Exchange rate Insulation Puzzle DataBase

This dataset contains the monthly macroeconomic data used in the empirical analysis of the study “Exchange Rate Insulation under a Semi-Flexible Regime: Evidence from Morocco”. The data cover the period 2006–2024 and are used to estimate a Structural Vector Autoregressive (SVAR) model assessing the transmission of external monetary and energy shocks to the Moroccan economy. The dataset includes policy interest rates of the Federal Reserve and the European Central Bank, Morocco’s real effective exchange rate, the consumer price index, and Brent crude oil prices. These variables are employed to analyze exchange rate insulation and inflationary dynamics under Morocco’s intermediate exchange rate regime.