Series: IMF Working Papers
Author(s): Subramanian Sriram
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2009
Keywords: cointegration, error-correction, inflation targeter lite, inflation targeting, M2, inflation, rediscount rate, monetary fund, Financial Markets and the Macroeconomy, Gambia
This paper evaluates the demand for broad money (M2) in The Gambia for January 1988-June 2007. There appears to be a long-run relationship for demand for real M2, but the relationship is not stable. Exogenous outpu...