Monetary Growth and Exchange Rate Depreciation As Causes of Inflation in African Countries : An Empirical Analysis /

This paper examines the relative importance of monetary growth and exchange rate depreciation as causes of inflation in a sample of 10 Sub-Saharan African countries. Causality tests and impulse response functions derived from vector autoregression (VAR) analysis suggest that both monetary expansion...

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Detalhes bibliográficos
Autor principal: Canetti, Elie
Outros Autores: Greene, Joshua
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1991.
Colecção:IMF Working Papers; Working Paper ; No. 1991/067
Acesso em linha:Full text available on IMF