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Financial Liberalization, Money Demand, and Inflation in Uganda
By:Mr. Jean-Claude Nachega
Published on 2001-09-01 by International Monetary Fund

This paper uses cointegration analysis to investigate the empirical relationship among money, prices, income, and a vector of interest rates in Uganda from 1982 to 1998. Despite the substantial financial market liberalization that has taken place in the early 1990s, quarterly time-series data confirm that a stable relationship prevailed among real broad money, income, and domestic and foreign interest rates. The empirical results indicate income homogeneity, a strong own-rate-of-return effect, a high degree of international capital mobility and asset substitutability, and demonstrate that both domestic and foreign factors are important determinants of inflation in Uganda.
This Book was ranked at 10 by Google Books for keyword Money.
Book ID of Financial Liberalization, Money Demand, and Inflation in Uganda's Books is sPhxHUNU1GcC, Book which was written byMr. Jean-Claude Nachegahave ETAG "SPRrh9U1eK0"
Book which was published by International Monetary Fund since 2001-09-01 have ISBNs, ISBN 13 Code is 9781451899511 and ISBN 10 Code is 1451899513
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