Inflation Uncertainty and Relative Price Variability in WAEMU Countries:
Using a consistent dataset and methodology for all eight member countries of the West African Economic and Monetary Union (WAEMU) from 1994 to 2009, this paper provides evidence of the two major channels for real effects of inflation: inflation uncertainty and relative price variability. In line wit...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2011
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 11/59 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | Using a consistent dataset and methodology for all eight member countries of the West African Economic and Monetary Union (WAEMU) from 1994 to 2009, this paper provides evidence of the two major channels for real effects of inflation: inflation uncertainty and relative price variability. In line with theory and most evidence for advanced and emerging market economies, higher inflation increases inflation uncertainty and relative price variability in all WAEMU countries. However, the pattern, magnitude and timing of these two channels vary considerably by country. The findings raise several policy issues for future research |
| Beschreibung: | 1 Online-Ressource (44 p) |
| ISBN: | 1455221031 9781455221035 |
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| index_date | 2024-07-03T20:13:26Z |
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| spelling | Gerling, Kerstin Verfasser aut Inflation Uncertainty and Relative Price Variability in WAEMU Countries Gerling, Kerstin Washington, D.C International Monetary Fund 2011 1 Online-Ressource (44 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/59 Using a consistent dataset and methodology for all eight member countries of the West African Economic and Monetary Union (WAEMU) from 1994 to 2009, this paper provides evidence of the two major channels for real effects of inflation: inflation uncertainty and relative price variability. In line with theory and most evidence for advanced and emerging market economies, higher inflation increases inflation uncertainty and relative price variability in all WAEMU countries. However, the pattern, magnitude and timing of these two channels vary considerably by country. The findings raise several policy issues for future research Online-Ausg Fernandez Valdovinos, Carlos Sonstige oth http://elibrary.imf.org/view/IMF001/11714-9781455221035/11714-9781455221035/11714-9781455221035.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Gerling, Kerstin Inflation Uncertainty and Relative Price Variability in WAEMU Countries |
| title | Inflation Uncertainty and Relative Price Variability in WAEMU Countries |
| title_auth | Inflation Uncertainty and Relative Price Variability in WAEMU Countries |
| title_exact_search | Inflation Uncertainty and Relative Price Variability in WAEMU Countries |
| title_exact_search_txtP | Inflation Uncertainty and Relative Price Variability in WAEMU Countries |
| title_full | Inflation Uncertainty and Relative Price Variability in WAEMU Countries Gerling, Kerstin |
| title_fullStr | Inflation Uncertainty and Relative Price Variability in WAEMU Countries Gerling, Kerstin |
| title_full_unstemmed | Inflation Uncertainty and Relative Price Variability in WAEMU Countries Gerling, Kerstin |
| title_short | Inflation Uncertainty and Relative Price Variability in WAEMU Countries |
| title_sort | inflation uncertainty and relative price variability in waemu countries |
| url | http://elibrary.imf.org/view/IMF001/11714-9781455221035/11714-9781455221035/11714-9781455221035.xml |
| work_keys_str_mv | AT gerlingkerstin inflationuncertaintyandrelativepricevariabilityinwaemucountries AT fernandezvaldovinoscarlos inflationuncertaintyandrelativepricevariabilityinwaemucountries |