This paper presents an empirical investigation of inflation dynamics in Libya over the period 1964–2010, using … cointegration and error correction models. While inflation inertia is found to be a key determinant of consumer price inflation, the … econometric results indicate that government spending, money supply growth, global inflation, and exchange rate pass-through play …

, inflation and lending rates. All data was obtained from the Central Bank of Kenya online repositories. The empirical assessment … effective in controlling and stabilizing prices especially inflation; two, expansionary fiscal policy is not only inflationary …