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This study examined the effects of mobile money-a recent innovation in Uganda’s financial-sector landscape-on aggregate …
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The paper presents the welfare cost of inflation in a banking time economy that models exchange credit through a bank … welfare cost of a 10% inflation rate instead of zero, for comparison to other estimates, as well as the cost of a 2% inflation … rate instead of a zero inflation rate. The zero rate is specified as the US inflation rate target in the 1978 Employment …
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foreign factors are important determinants of inflation in Uganda … vector of interest rates in Uganda from 1982 to 1998. Despite the substantial financial market liberalization that has taken …
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