Description |
1 online resource (44 pages) : illustrations |
Series |
IMF working paper, 2227-8885 ; WP/01/118 |
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IMF working paper ; WP/01/118.
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Summary |
This paper uses cointegration analysis to investigate the empirical relationship among money, prices, income, and a vector of interest rates in Uganda from 1982 to 1998. Despite the substantial financial market liberalization that has taken place in the early 1990s, quarterly time-series data confirm that a stable relationship prevailed among real broad money, income, and domestic and foreign interest rates. The empirical results indicate income homogeneity, a strong own-rate-of-return effect, a high degree of international capital mobility and asset substitutability, and demonstrate that both domestic and foreign factors are important determinants of inflation in Uganda |
Notes |
Cover title |
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"September 2001"--Page 1 |
Bibliography |
Includes bibliographical references (pages 21-22) |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
Demand for money -- Uganda
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Inflation (Finance) -- Uganda
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Interest rates -- Uganda
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Cointegration -- Uganda
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Time-series analysis.
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Cointegration
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Demand for money
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Inflation (Finance)
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Interest rates
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Time-series analysis
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Uganda
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Form |
Electronic book
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Author |
International Monetary Fund. African Department
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ISBN |
1282046039 |
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9781282046030 |
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9781451899511 |
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1451899513 |
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1462350925 |
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9781462350926 |
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1452777470 |
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9781452777474 |
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9786613797810 |
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6613797812 |
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