Forecasting and Monetary Policy Analysis in Low-Income Countries : Food and non-Food Inflation in Kenya /

We develop a semi-structural new-Keynesian open-economy model, with separate food and non-food inflation dynamics, for forecasting and monetary policy analysis in low-income countries and apply it to Kenya. We use the model to run several policy-relevant exercises. First, we filter international and...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Andrle, Michal
Weitere Verfasser: Berg, Andrew, Morales, R., Portillo, Rafael
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2013.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2013/061
Online Zugang:Full text available on IMF