Download Money Demand and Inflation in Madagascar

Money Demand and Inflation in Madagascar High quality books

Money Demand and Inflation in Madagascar
By:Koffie Ben Nassar
Published on 2005-12-01 by International Monetary Fund

This paper uses a two-sector model to estimate the relationship between prices, money, and the exchange rate in Madagascar during the period 1982-2004. The estimated model, using quarterly data, finds a stable long-run relationship among monetary aggregates, domestic prices, real income, and foreign interest rates. In addition, the error-correction model shows that changes in the monetary aggregates, the exchange rate, and foreign interest rates exert a significant impact on inflation. The results also suggest that a disequilibrium in the money market has a lasting impact on inflation. The paper concludes with policy recommendations.

This Book was ranked at 16 by Google Books for keyword Money.

Book ID of Money Demand and Inflation in Madagascar's Books is KbnyfojpxxIC, Book which was written byKoffie Ben Nassarhave ETAG "kZmGhGnE80w"

Book which was published by International Monetary Fund since 2005-12-01 have ISBNs, ISBN 13 Code is 9781451907919 and ISBN 10 Code is 1451907915

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