Description |
1 online resource (20 pages) : illustrations |
Series |
IMF working paper ; WP/04/29 |
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IMF working paper ; WP/04/29.
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Contents |
""Contents""; ""I. INTRODUCTION""; ""II. INSTITUTIONAL FRAMEWORK AND MACROECONOMIC DEVELOPMENTS""; ""III. ANALYTICAL FRAMEWORK""; ""IV. EMPIRICAL ANALYSIS""; ""V. CONCLUSION""; ""References"" |
Summary |
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 |
Bibliography |
Includes bibliographical references (pages 19-20) |
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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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
Inflation (Finance) -- Dominican Republic
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Economic history
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Inflation (Finance)
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SUBJECT |
Dominican Republic -- Economic conditions -- 1961-
http://id.loc.gov/authorities/subjects/sh85038978
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Subject |
Dominican Republic
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Form |
Electronic book
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Author |
Adedeji, Olumuyiwa S., author.
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International Monetary Fund. Western Hemisphere Department, issuing body.
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ISBN |
1281090263 |
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9781281090263 |
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145189239X |
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9781451892390 |
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9781451844832 |
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1451844832 |
ISSN |
2227-8885 |
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