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...

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Dettagli Bibliografici
Autore principale: Nachega, Jean-Claude
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2005.
Serie:IMF Working Papers; Working Paper ; No. 2005/221
Accesso online:Full text available on IMF