A Dynamic Model of Inflation for Kenya, 1974-1996 /

This paper analyses the dynamics of inflation in Kenya during 1974-96, a period characterized by external shocks and internal disequilibria. By developing a parsimonious and empirically constant error correction model the paper finds that the exchange rate, foreign prices, and terms of trade have lo...

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Bibliographic Details
Main Author: Ndung'u, Njuguna
Other Authors: Durevall, Dick
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/097
Online Access:Full text available on IMF