Series: IMF Working Papers
Author(s): Shanaka Peiris , and Régis Barnichon
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2007
Keywords: Phillips curve, Panel Cointegration, Growth Accounting, real money, monetary policy, money stock, Business Fluctuations, And Cycles, Central Banking, And The Supply Of Money And Credit
This paper explores the sources of inflation in Sub-Saharan Africa by examining the relationship between inflation, the output gap, and the real money gap. Using heterogeneous panel cointegration estimation techniq...