Fiscal Dominance and Inflation in the Democratic Republic of the Congo /

This paper examines the fiscal dominance hypothesis in the Democratic Republic of the Congo (DRC) during 1981-2003, using multivariate cointegration analysis and vector errorcorrection modeling. Empirical results point to strong and statistically significant long-run relationships between budget def...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Nachega, Jean-Claude
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2005.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2005/221
Online Zugang:Full text available on IMF