How Useful is Monetary Econometrics in Low-Income Countries? T+L3104he Case of Money Demand and the Multipliers in Rwanda »
Series: IMF Working Papers
Author(s): Gabriel Di Bella , and David Hauner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2005
Keywords: money multiplier, monetary base, money balances, inflation,
This paper revisits the usefulness of econometric monetary analysis in low-income countries in a case study on Rwanda, an interesting case given its floating exchange rate and reliance on indirect monetary policy i...