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,...
| Hoofdauteur: | |
|---|---|
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
1999.
|
| Reeks: | IMF Working Papers; Working Paper ;
No. 1999/122 |
| Online toegang: | Full text available on IMF |