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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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1999.
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Series: | IMF Working Papers; Working Paper ;
No. 1999/097 |
Online Access: | Full text available on IMF |