This study examined the effects of mobile money-a recent innovation in Uganda’s financial-sector landscape-on aggregate …

Central Bank, and the International Monetary Fund, we examined a series of key indicators: interest rates, inflation, GDP per … countries, including lower interest rate volatility and a quicker recovery from inflation, largely due to access to monetary … solid GDP growth, they remain exposed to structural vulnerabilities and political and economic uncertainties. Correlation …

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 …