Analyzing Determinants of Inflation When There Are Data Limitation : The Case of Sierra Leone /

This paper examines the determinants of inflation in Sierra Leone using a structural vector autoregression (VAR) approach to help forecast inflation for operational purposes. Despite data limitations, the paper accurately models inflation in Sierra Leone. As economic theory predicts, domestic inflat...

Полное описание

Библиографические подробности
Главный автор: Kalonji, Kadima
Другие авторы: Gottschalk, Jan, Miyajima, Ken
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2008.
Серии:IMF Working Papers; Working Paper ; No. 2008/271
Online-ссылка:Full text available on IMF
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100 1 |a Kalonji, Kadima. 
245 1 0 |a Analyzing Determinants of Inflation When There Are Data Limitation :   |b The Case of Sierra Leone /  |c Kadima Kalonji, Jan Gottschalk, Ken Miyajima. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
300 |a 1 online resource (40 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines the determinants of inflation in Sierra Leone using a structural vector autoregression (VAR) approach to help forecast inflation for operational purposes. Despite data limitations, the paper accurately models inflation in Sierra Leone. As economic theory predicts, domestic inflation is found to increase with higher oil prices, higher money supply, and nominal exchange rate depreciation. The paper then employs a historical decomposition approach to pinpoint the sources of a marked decline in inflation in 2006 and assesses its forecasting properties. Overall, the model serves as a useful addition to the toolkit for analyzing and forecasting inflation in countries with limited data availability. 
538 |a Mode of access: Internet 
700 1 |a Gottschalk, Jan. 
700 1 |a Miyajima, Ken. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/271 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2008/271/001.2008.issue-271-en.xml  |z IMF e-Library