Suppressed Inflation and Money Demand in Zimbabwe /

The paper investigates the divergence between inflation and monetary expansion in Zimbabwe since late 2003. The substantial decline in velocity and increasing levels of real money balances during 2004 are at odds with a record of inflation closely tracking the growth rates of monetary aggregates in...

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Détails bibliographiques
Auteur principal: Munoz, Sonia
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2006.
Collection:IMF Working Papers; Working Paper ; No. 2006/015
Accès en ligne:Full text available on IMF