Inflation Dynamics in the Dominican Republic:
This paper investigates the determinants of inflation in the Dominican Republic during 1991-2002, a period characterized by remarkable macroeconomic stability and growth. By developing a parsimonious and empirically stable error-correction model using quarterly observations, the paper finds that inf...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2004
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Schriftenreihe: | IMF Working Papers
Working Paper No. 04/29 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper investigates the determinants of inflation in the Dominican Republic during 1991-2002, a period characterized by remarkable macroeconomic stability and growth. By developing a parsimonious and empirically stable error-correction model using quarterly observations, the paper finds that inflation is explained by changes in monetary aggregates, real output, foreign inflation, and the exchange rate. Long-run relationships in the money and traded-goods markets are found to exist, but only the disequilibrium from the money market exerts a significant impact on inflation |
Beschreibung: | 1 Online-Ressource (21 p) |
ISBN: | 1451844832 9781451844832 |
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illustrated | Not Illustrated |
index_date | 2024-07-03T20:13:29Z |
indexdate | 2024-07-10T09:35:38Z |
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spelling | Williams, Oral Verfasser aut Inflation Dynamics in the Dominican Republic Williams, Oral Washington, D.C International Monetary Fund 2004 1 Online-Ressource (21 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/29 This paper investigates the determinants of inflation in the Dominican Republic during 1991-2002, a period characterized by remarkable macroeconomic stability and growth. By developing a parsimonious and empirically stable error-correction model using quarterly observations, the paper finds that inflation is explained by changes in monetary aggregates, real output, foreign inflation, and the exchange rate. Long-run relationships in the money and traded-goods markets are found to exist, but only the disequilibrium from the money market exerts a significant impact on inflation Online-Ausg Adedeji, Olumuyiwa Sonstige oth http://elibrary.imf.org/view/IMF001/03555-9781451844832/03555-9781451844832/03555-9781451844832.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Williams, Oral Inflation Dynamics in the Dominican Republic |
title | Inflation Dynamics in the Dominican Republic |
title_auth | Inflation Dynamics in the Dominican Republic |
title_exact_search | Inflation Dynamics in the Dominican Republic |
title_exact_search_txtP | Inflation Dynamics in the Dominican Republic |
title_full | Inflation Dynamics in the Dominican Republic Williams, Oral |
title_fullStr | Inflation Dynamics in the Dominican Republic Williams, Oral |
title_full_unstemmed | Inflation Dynamics in the Dominican Republic Williams, Oral |
title_short | Inflation Dynamics in the Dominican Republic |
title_sort | inflation dynamics in the dominican republic |
url | http://elibrary.imf.org/view/IMF001/03555-9781451844832/03555-9781451844832/03555-9781451844832.xml |
work_keys_str_mv | AT williamsoral inflationdynamicsinthedominicanrepublic AT adedejiolumuyiwa inflationdynamicsinthedominicanrepublic |