Inflation, Money Demand, and Purchasing Power Parity in South Africa /

This empirical study for South Africa indicates that there exists a stable money demand type of relationship among domestic prices, broad money, real income, and interest rates, as well as a long-run relationship among domestic prices, foreign prices, and the nominal exchange rate. In the short run,...

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Detalles Bibliográficos
Autor Principal: Jonsson, Gunnar
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/122
Acceso en liña:Full text available on IMF