Inflation and macroeconomic instability in Madagascar

Jean-Paul Azam ()

No 2001-02, CSAE Working Paper Series from Centre for the Study of African Economies, University of Oxford

Abstract: The relationships between inflation and macro-economic instability are discussed analytically, using a simple monetary model with rational expectations, with an application to the case of Madagascar. The recent macroeconomic history of this country suggests that high inflation is correlated with high volatility of the inflation rate and the real effective exchange rate. The relevance of this observation is confirmed by an empirical analysis of the relationships between inflation, competitiveness and instability in Madagascar.

Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://ora.ox.ac.uk/objects/uuid:fc08da7b-d40d-4e94-a7da-3da274dd6449 (application/pdf)

Related works:
Journal Article: Inflation and Macroeconomic Instability in Madagascar (2001)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:csa:wpaper:2001-02

Access Statistics for this paper

More papers in CSAE Working Paper Series from Centre for the Study of African Economies, University of Oxford Contact information at EDIRC.
Bibliographic data for series maintained by Julia Coffey ().