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Author Nachega, Jean-Claude.

Title Financial liberalization, money demand, and inflation in Uganda / Jean-Claude Nachega
Published [Washington, D.C.] : International Monetary Fund, African Dept., [2001]
©2001
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Description 1 online resource (44 pages) : illustrations
Series IMF working paper ; WP/01/118
IMF working paper ; WP/01/118
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 "September 2001"--Page [1]
Cover title
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
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Cointegration -- Uganda.
Demand for money -- Uganda.
Inflation (Finance) -- Uganda.
Interest rates -- Uganda.
Time-series analysis.
Form Electronic book
Author International Monetary Fund. African Department.
ISBN 1282046039
1451899513 (E-Book)
9781282046030
9781451899511