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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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1999.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 1999/122 |
| 在線閱讀: | Full text available on IMF |