Listing 1 - 1 of 1 |
Sort by
|
Choose an application
The paper analyzes the dynamics of inflation in Guinea during 1992-2003 applying cointegration and error-correction modeling to a bivariate model that includes consumer price and monetary variables. The empirical results, based on quarterly data, confirm the existence of a long-run relationship between money supply and consumer prices. This paper argues further that the pass-through has increased in recent years. Short-term dynamics are shown to accentuate the long-run impact. Impulse response analysis shows that a shock in the money stock will have an increasing impact over two years and will then stabilize at a higher level.
Inflation (Finance) --- Money supply --- Money stock --- Quantity of money --- Supply of money --- Money --- Demand for money --- Monetary policy --- Finance --- Natural rate of unemployment --- Inflation --- Macroeconomics --- Money and Monetary Policy --- Time-Series Models --- Dynamic Quantile Regressions --- Dynamic Treatment Effect Models --- Diffusion Processes --- State Space Models --- Price Level --- Deflation --- Monetary Policy --- Economywide Country Studies: Africa --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Demand for Money --- Monetary economics --- Monetary base --- Consumer price indexes --- Consumer prices --- Prices --- Price indexes --- Guinea
Listing 1 - 1 of 1 |
Sort by
|