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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...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Harare] :
International Monetary Fund,
January 2006.
|
| Colección: | IMF working paper ;
WP/06/15. |
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Contents
- I. INTRODUCTION
- II. STYLIZED FACTS
- III. ESTIMATING A MONEY DEMAND EQUATION
- IV. INFLUENCE OF EXOGENOUS FACTORS ON VELOCITY MOVEMENTS
- V. CONCLUSION
- REFERENCES