Showing 1 - 8 of 8
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 …
Persistent link: https://www.econbiz.de/10011390798
in absolute measures have positive elasticities of inflation; while (2) financial efficiency and size in relative … measures have negative elasticities of inflation. Social implications - This paper helps in providing monetary policy options …
Persistent link: https://www.econbiz.de/10011390802
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 …
Persistent link: https://www.econbiz.de/10011390827
-run nor in the long-term and; (2) with the exception of financial size that impacts inflation in the EAMZ in the short …
Persistent link: https://www.econbiz.de/10011390837
management of short-run inflation. (2) The CEMAC region is more inclined to non-traditional policy regimes while the UEMOA zone …
Persistent link: https://www.econbiz.de/10011390838
The study applies a BEKK GARCH-M model to examine the effect of uncertainty on the levels of inflation and output … growth in Nigeria. The results suggest a significant positive effect of inflation uncertainty on the level of inflation …, supporting the Cukierman and Meltzer (1986) hypothesis. In addition, uncertainty about inflation is found to be detrimental to …
Persistent link: https://www.econbiz.de/10012112228
The study analyses the nature of the nexus between budget deficit and economic growth given inflation trends. It … method of moments (GMM) for the empirical evidence. The following results are established: (i) the level of inflation above … reduction of inflation to below 1.8%. Otherwise, any measures put in place by the monetary authorities to stabilize prices would …
Persistent link: https://www.econbiz.de/10014549392
A range of explanations had been offered for the apparent change in oil price-inflation relationship outcomes ranging … stakeholders, government and the society at large to the anecdotal relationship among oil price volatility, inflation, and output … in Africa oil-exporting countries. This study leans empirical credence to the impact of oil price volatility on inflation …
Persistent link: https://www.econbiz.de/10012389175