-run nor in the long-term and; (2) with the exception of financial size that impacts inflation in the EAMZ in the short …

This paper assesses the adjustment of inflation with financial dynamic fundamentals of money (financial depth), credit … between inflation and the fundamentals. (2) The error correction mechanism is stable in all specifications but in case of any … disequilibrium, only financial depth is significant in adjusting inflation to the long-run relationship. (3) In the long-run, short …

past decade. Design/methodology/approach – We limit our sample to a panel of African countries for which inflation is non …) There are significant long-run equilibriums between inflation and each financial dynamic. (2) When there is a disequilibrium …, while only financial depth and financial size could be significantly used to exert deflationary pressures, inflation is …

management of short-run inflation. (2) The CEMAC region is more inclined to non-traditional policy regimes while the UEMOA zone …

financial dynamics in inflation-chaotic African countries for the period 1987-2010. Design/methodology/approach – VARs within … significantly adjust inflation to the cointegration relations. With respect to the second-half (short-run view) of the hypothesis … business cycles, credit expansions and inflationary tendencies, inflation targeting and monetary policy independence …

past few years. Design/methodology/approach – The estimation approach used is a Two-Stage-Least Squares Instrumental … justifying the choice of the estimation approach with a Hausman-test for endogeneity. In the second-step, we verify that the …) estimation with robust Heteroscedasticity and Autocorrelation Consistent (HAC) standard errors; and (3) adoption of two …

This study checks the effect of foreign aid on terrorism and FDI, conditioned on domestic levels of corruption … established: the negative effect of terrorism on FDI is apparent only in higher levels of CC; foreign aid dampens the negative … effect of terrorism on FDI only in higher levels of CC; when foreign aid is subdivided into its bilateral and multilateral …

paper proposes an “inflation uncertainty theory” in providing theoretical justification and empirical validity as to why … French civil-law countries have higher levels of financial allocation efficiency. Inflation uncertainty, typical of floating …

-Saharan Africa is slightly below the average of Francophone Africa. As a policy implication, results support the benefits of the rule …

are necessary for the effectiveness of foreign aid in Africa. Design/methodology/approach – The panel quantile regression …