Sanga, Dimitri; Gui-Diby, Steve Loris - 2020
This paper examines the growth-inflation nexus in Franc zone currency unions. It aims at estimating the inflation … threshold above which additional inflationary pressures adversely affect economic expansion. It uses cointegration methods that … African Monetary Union and 4.3-4.5 percent in the West African Monetary Union. Homogeneous cointegration panel data analyses …