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E-book
Author Williams, Oral, author.

Title Inflation dynamics in the Dominican Republic / Oral Williams and Olumuyiwa S. Adedeji
Published [Washington, D.C.] : International Monetary Fund, ©2004

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Description 1 online resource (20 pages) : illustrations
Series IMF working paper ; WP/04/29
IMF working paper ; WP/04/29.
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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Print version record
Subject Inflation (Finance) -- Dominican Republic
Economic history
Inflation (Finance)
SUBJECT Dominican Republic -- Economic conditions -- 1961- http://id.loc.gov/authorities/subjects/sh85038978
Subject Dominican Republic
Form Electronic book
Author Adedeji, Olumuyiwa S., author.
International Monetary Fund. Western Hemisphere Department, issuing body.
ISBN 1281090263
9781281090263
145189239X
9781451892390
9781451844832
1451844832
ISSN 2227-8885