Caceres, Carlos; Poplawski-Ribeiro, Marcos; Tartari, Darlena - In: Journal of African Economies 22 (2013) 2, pp. 239-275
This paper analyses inflation dynamics in the Central African Economic and Monetary Community (CEMAC) using a constructed dataset for country-specific commodity price indices and panel cointegrated vector autoregressive models. Imported commodity price shocks are significant in explaining...