| Description |
1 online resource (34 pages) : illustrations |
| Series |
IMF working paper, 2227-8885 ; WP/07/295 |
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IMF working paper ; WP/07/295.
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| Contents |
I. Introduction; II. Background; III. The Model; IV. Data and Estimation; V. Conclusion; References; Appendix; Tables ; A.1: Mali: Selected Financial, Economic, and climatic indicators, 1979-2005; A.2: Mali: A Sample Descriptive Statistics of Variables, 1979:1-2006:1 ; A.3: Mali: Correlation Between Selected Variables, 1979:1-2006:1 ; A.4: Mali: ADF Test for Unit-Root, 1979:1-2006:1; A.5: Mali: Cointegration Analysis of the Broad Money Demand, 1979:1-2006:1; A.6. Mali: The Determinants of Inflation, 1987:2-2006:1 |
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A.7. Mali: Diagnostic Tests for Omitted Variables, 1987:2-2006:1Figures ; A.1: M ali: Food Price and Consumer Price Indexes, 1988:1-2006:5 ; A.2: Mali: Annual Rate of Inflation, 1971-2005; A.3: Mali: Inflation and Rainfall, 1979:1-2006:1; A.4: Mali: Money, Income, Interest Rates and Exchange Rate, 1979:1-2006:1; A.5: Mali: Domestic and Foreign Prices, Exchange Rate and Terms of Trade, 1979:1-2006:1; A.6: Mali: Cointegrating Vectors for the Money Market and the Foreign Sectors, 1982:2-2006:1 ; A.7. Mali: Inflation Model: Recursive Estimates, 1992:2-2006:1 |
| Summary |
This paper investigates how consumer price inflation is determined in Mali for 1979-2006 along three macroeconomic explanations: (1) monetarist theories, emphasizing the impact of excess money supply, (2) the structuralist hypothesis, stressing the impact of supply-side constraints, and (3) external theories, describing the effects of foreign transmission mechanisms on a small open economy. The analysis makes use of cointegration techniques and general-to-specific modeling. Average national rainfall, and to a lesser extent deviations from monetary and external sector equilibrium are found to b |
| Bibliography |
Includes bibliographical references (pages 17-18) |
| 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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Print version record |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
| Subject |
Consumer price indexes -- Mali
|
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Inflation (Finance) -- Mali
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Consumer price indexes
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Inflation (Finance)
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Mali
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| Form |
Electronic book
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| Author |
International Monetary Fund. African Department, issuing body.
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| ISBN |
1451913117 |
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9781451913118 |
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1462349765 |
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9781462349760 |
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1451985282 |
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9781451985283 |
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128351270X |
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9781283512701 |
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9786613825155 |
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6613825158 |
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