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This study investigated the impact of external debt on economic growth of Tanzania for the period of 1990-2010. The study used time series data on external debt and economic performance. It is assumed that external debt helps developing countries to meet developing needs. While debt servicing...
Persistent link: https://www.econbiz.de/10009759702
This study explores the link between proximity and price cointegration between two markets, where proximity is captured with variables for geographical, political and cultural distance. Linear and threshold cointegration is tested for a set of 756 rice market pairs in 6 West African countries,...
Persistent link: https://www.econbiz.de/10010357875
We apply the fundamentals equilibrium exchange rate (FEER) approach and the Johansen cointegration methodology to investigate the behavior of the real effective exchange rates of the two monetary unions of the CFA franc zone (CEMAC and WAEMU) vis-agrave;-vis their long-run equilibrium paths. For...
Persistent link: https://www.econbiz.de/10012779100
This paper aims at providing quantitative analysis of the dynamics of money supply, exchange rate and inflation in … inflation may not be due to aggregate demand pressure but rather due to hiccups in the supply chain of goods both from the … to short run disequilibrium. However, there exists a causal linkage between inflation, money supply and exchange rate in …
Persistent link: https://www.econbiz.de/10009673069
Anecdotal evidence shows that monetary expansion (excess liquidity) induces inflation in the West African Monetary Zone … (Zone). Uncertainty about the nature of inflation persistence often undermines regional convergence due to the asymmetric … supply growth and inflation in the WAMZ countries, using panel data methodology for the period 2000-2015. The empirical …
Persistent link: https://www.econbiz.de/10013348371
responses of output, inflation, and money market mutual funds (MMMF) to a positive monetary shock. The idea of incorporating …
Persistent link: https://www.econbiz.de/10013147766
reveal some evidence of convergence in exchange rates, especially for Guinea and Liberia. For inflation, there is no evidence …
Persistent link: https://www.econbiz.de/10015045367
This draft is a summary of the paper entitled: Forecasting Fuel Prices with the Chilean Exchange Rate. In that paper we show that the Chilean exchange rate has the ability to predict the returns of oil prices and of three additional oil-related products: gasoline, propane and heating oil. The...
Persistent link: https://www.econbiz.de/10013243891
The paper examines the determinants of inflation in some West African countries. Using the Johansen technique and time … series between 1970q1 and 2010q4 the study determines whether inflation in these African countries is mainly imported (via … supply, exchange rate movements, income and foreign prices have significant influences on the inflation rate in the long run …
Persistent link: https://www.econbiz.de/10010097696
This study investigated the impact of external debt on economic growth of Tanzania for the period of 1990-2010. The study used time series data on external debt and economic performance. It is assumed that external debt helps developing countries to meet developing needs. While debt servicing...
Persistent link: https://www.econbiz.de/10010148059