2 options
Investigating Inflation Dynamics in Sudan / Kenji Moriyama.
- Format:
- Book
- Government document
- Author/Creator:
- Moriyama, Kenji.
- Series:
- IMF Working Papers; Working Paper ; No. 2008/189
- IMF working paper ; WP/08/189
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Inflation (Finance)--Sudan--Econometric models.
- Inflation (Finance).
- Monetary policy--Sudan--Econometric models.
- Monetary policy.
- Sudan--Economic conditions--Econometric models.
- Sudan.
- Physical Description:
- 1 online resource (23 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2008.
- Language Note:
- English
- Summary:
- This paper investigates inflation dynamics in Sudan using three different approaches: the single equation model, the structural vector-auto regression model and a vector error correction model. This is the first study in a low-income and a post-conflict country that uses these three separate techniques to understand inflation dynamics. The use of these approaches is particularly useful to check the robustness of the estimated parameters in the model for a country with limited data coverage and possible structural breaks. The estimated results suggest that money supply growth and nominal exchange rate changes affect inflation with 18-24 months time lag.
- Contents:
- Contents; I. Introduction; II. Background; III. Model; IV. Data Issues and Results; A. Single-Equation Model; B. Structural Vector Auto Regression Model (SVAR); C. Vector Error Correction Model (VECM); V. Policy Implications and Conclusions; Appendixes; I. Data Issues; II. Structural Model Assumptions; Tables; 1. Unit Root Tests; 2. Estimated Regressions; 3. Elasticities of Inflation to Money Supply and Nominal Exchange Rate; 4. Schwartz Information Criterion (SIC) and Akaike Information Criterion (AIC); 5. Johansen Co-Integration Tests; References
- Notes:
- Description based upon print version of record.
- Includes bibliographical references.
- Description based on online resource; title from PDF front page (ebrary, viewed February 26, 2014).
- ISBN:
- 9786612841408
- 9781462377992
- 1462377998
- 9781452708720
- 145270872X
- 9781451870473
- 1451870477
- 9781282841406
- 1282841408
- OCLC:
- 762613919
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.