persistent budget deficits and inflation. The paper also provides a rigorous analysis of household savings and money demand in a …

This paper analyses inflation dynamics in the Central African Economic and Monetary Community (CEMAC) using a …. Imported commodity price shocks are significant in explaining inflation in the region. Governments are another driving force of … inflation dynamics mainly through controlled prices and the role of capital expenditure in domestic activity. In most CEMAC …

The paper investigates the divergence between inflation and monetary expansion in Zimbabwe since late 2003. The … substantial decline in velocity and increasing levels of real money balances during 2004 are at odds with a record of inflation … such as repressed inflation (given administered prices) or measurement errors in the consumer price index. The results of …

inflation. We discuss dollarization, administrative interventions, and other features complicating monetary policy transmission …

stability has helped anchor price movement in the ECCU. As the same time, inflation in the ECCU is not entirely imported from …

This paper revisits the link between the nominal exchange rate regime and inflation, based on a sample of 145 emerging … low inflation benefits associated with pegging the exchange rate. To test our hypothesis, we exploit a novel dataset of … significantly lower inflation in EMDCs than flexible exchange rates, and that this effect is much stronger for de facto pegs that …