Investigating Inflation Dynamics in Sudan / / Kenji Moriyama

• Autore: Moriyama Kenji
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2008
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (23 p.)
• Disciplina: 332.41
• Soggetto topico: Inflation (Finance) - Sudan - Econometric models; Monetary policy - Sudan - Econometric models; Currency; Deflation; Diffusion Processes; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Econometric models; Econometrics & economic statistics; Econometrics; Exchange rates; Foreign Exchange; Foreign exchange; Inflation; Macroeconomics; Monetary base; Monetary economics; Monetary Policy, Central Banking, and the Supply of Money and Credit: General; Money and Monetary Policy; Money supply; Multiple or Simultaneous Equation Models; Multiple Variables: General; Price Level; Prices; State Space Models; Structural vector autoregression; Time-Series Models; Vector error correction models
• Soggetto geografico: Sudan Economic conditions Econometric models; Sudan
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: 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
• Sommario/riassunto: 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.
• Titolo autorizzato: Investigating Inflation Dynamics in Sudan
• ISBN: 1-4623-7799-8; 1-4527-0872-X; 9786612841408; 1-4518-7047-7; 1-282-84140-8
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910810968703321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2008/189