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|z 9781451854084
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|c BD-DhAAL
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|a Nachega, Jean-Claude.
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|a Financial Liberalization, Money Demand, and Inflation in Uganda /
|c Jean-Claude Nachega.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2001.
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|a 1 online resource (45 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper uses cointegration analysis to investigate the empirical relationship among money, prices, income, and a vector of interest rates in Uganda from 1982 to 1998. Despite the substantial financial market liberalization that has taken place in the early 1990s, quarterly time-series data confirm that a stable relationship prevailed among real broad money, income, and domestic and foreign interest rates. The empirical results indicate income homogeneity, a strong own-rate-of-return effect, a high degree of international capital mobility and asset substitutability, and demonstrate that both domestic and foreign factors are important determinants of inflation in Uganda.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2001/118
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2001/118/001.2001.issue-118-en.xml
|z IMF e-Library
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