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A Monetarist Model of Inflation: Kenyan Case*

Domaine:

socioeconomic

Type de record:

paper
Créateur:
Nju
Éditeur:
WILEY
Hôte:
Abstract: A monetarist model of inflation is estimated, incorporating recent developments in time series econometrics. The models compare the performance of both monetary base and a broader monetary aggregate, M3. It is shown that monetary base growth in the inflation model gives relatively stable results. Résumé: On fait l'estimation d'un modèle monétariste de l'inflation en y incorporant les événements de l'économie chronologiquement. Les modèles comparent la performance de la base monétaire et un agrégat monétaire plus large, en l'occurence la masse monétaire M3. I ressort de l'estimation que la croissance de labase monétaire dans le modèle d'inflation donne des résultants relativement stables.

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doi.org

Licenses

http://onlinelibrary.wiley.com/termsAndConditions#vor

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