LEADER 04020nam 2200613Ia 450 001 9910464006503321 005 20170821160803.0 010 $a1-4623-4063-6 010 $a1-4527-3897-1 010 $a1-4518-7279-8 010 $a9786612843464 010 $a1-282-84346-X 035 $a(CKB)3170000000055288 035 $a(EBL)1608340 035 $a(SSID)ssj0000940864 035 $a(PQKBManifestationID)11598333 035 $a(PQKBTitleCode)TC0000940864 035 $a(PQKBWorkID)10956083 035 $a(PQKB)10242410 035 $a(OCoLC)649707822 035 $a(MiAaPQ)EBC1608340 035 $a(EXLCZ)993170000000055288 100 $a20100902d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aForecasting inflation in Sudan$b[electronic resource] /$fKenji Moriyama and Abdul Naseer 210 $a[Washington, D.C.] $cInternational Monetary Fund$d2009 215 $a1 online resource (27 p.) 225 1 $aIMF working paper ;$vWP/09/132 300 $aDescription based upon print version of record. 311 $a1-4519-1708-2 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. Recent Developments; Figures; 1. Average and Standard Deviation of Inflation, 2000-08; 2. Monthly Inflation (12-Month) in Sudan, January 2000-October 2008; III. Methodology; A. Which Inflation Should Be Forecasted?; 3. Overall Inflation, 2000-08; B. Autoregressive Moving Average (ARMA) Model; 4. Cumulative Spectral Distribution of Inflation, 2000-08; C. Leading Indicators; 5. Currency Holding and Islamic Dummies, 2005-08; 6. Candidates of Leading Indicators; IV. Results; A. ARMA Model; 7. Actual and Projected Inflation Based on the Estimated ARMA Models 327 $aB. Granger Causality Tests for Leading IndicatorsV. Implications-What Can be said from the Estimated Model and the Tests?; A. Can the Estimated Model Explain the Surge of Inflation in 2007 and 2008?; 8. Forecasted Inflation, July 2007-December 2008; 9. Forecast Errors of the Model and Bread Contribution to Inflation, July 2007-October 2008; B. Forecasting Inflation for 2009 and 2010; 10. Forecasted Inflation; 11. Inflation Forecast Based on ARMA (4,5), July 2008-December 2010; C. Leading Indicators (Private Sector Credit Growth and Wheat Price Inflation) 327 $a12. Oil Price Projections, World Economic Outlook, 2000-1013. Wheat Price Projections, World Economic Outlook, 2000-10; VI. Conclusions; Tables; 1. Estimated ARMA Model of Inflation; 2. Main Statistics of Various ARMA Models, 2000-08; 3. Granger Causality Tests Between Inflation and Leading Indicators, 2000-08; Appendices; I. The Schwartz Information Criterion; II. Estimated ARMA Model for main Monetary Aggregates; Appendix Tables; A1. Estimated ARMA Model of Broad money, 2000-08; References 330 $aThis paper forecasts inflation in Sudan following two methodologies: the Autoregressive Moving Average (ARMA) model and by looking at the leading indicators of inflation. The estimated ARMA model remarkably tracks the actual inflation during the sample period. The Granger causality test suggests that private sector credit and world wheat prices are the leading indicators explaining inflation in Sudan. Inflation forecasts based on both approaches suggest that inflationary pressures for 2009 and 2010 will be modest and that inflation will remain in single-digits, assuming that prudent macroecono 410 0$aIMF working paper ;$vWP/09/132. 606 $aInflation (Finance)$zSudan 606 $aEconomic forecasting$zSudan 608 $aElectronic books. 615 0$aInflation (Finance) 615 0$aEconomic forecasting 700 $aMoriyama$b Kenji$0872379 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464006503321 996 $aForecasting inflation in Sudan$91947654 997 $aUNINA