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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Canetti, Elie
Övriga upphovsmän: Greene, Joshua
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1991.
Serie:IMF Working Papers; Working Paper ; No. 1991/067
Länkar:Full text available on IMF