Inflation and monetary pass-through in Guinea /

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Bibliographic Details
Author / Creator:Blavy, Rodolphe, author.
Imprint:[Washington, D.C] : International Monetary Fund, ©2004.
Description:1 online resource (19 pages) : illustrations.
Language:English
Series:IMF working paper, 2227-8885 ; WP/04/223
IMF working paper ; WP/04/223.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497406
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Other authors / contributors:International Monetary Fund. African Department, issuing body.
ISBN:1283517310
9781283517317
9781451875324
1451875320
9781451919929
1451919921
ISSN:2227-8885
Notes:Includes bibliographical references (page 19).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary: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.
Other form:Print version: Blavy, Rodolphe. Inflation and monetary pass-through in Guinea. [Washington, D.C] : International Monetary Fund, ©2004
Standard no.:10.5089/9781451919929.001

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