The study investigates the effect of changes in the exchange rate on output growth and inflation in the WAMZ economies …, inflation, exchange rate depreciation/ appreciation and money supply growth. Employing quarterly data series for the period 1981 … autoregressive (VAR) model to estimate the impulse response functions and variance decompositions for inflation and output in order …

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 …

found strong evidence against trade symmetry in the WAMZ, there are some evidence of marginal convergence in inflation, real …