Loening, Josef L.; Durevall, Dick; Ayalew Birru, Yohannes - Nationalekonomiska institutionen, Handelshögskolan - 2009
Ethiopia has experienced a historically unprecedented increase in inflation, mainly driven by cereal price inflation, which is among the highest in Sub-Saharan Africa. Using monthly data over the past decade, we estimate error correction models to identify the relative importance of several...