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DETERMINANTS DE L'INFLATION DANS LES PAYS DE LA COMMUNAUTE ECONOMIQUE ET MONETAIRE DE L'AFRIQUE CENTRALE, (CEMAC)

DETERMINANTS OF INFLATION IN CENTRAL AFRICAN ECONOMIC AND MONETARY COMMUNITY (CAEMC)

Jean Ntita Ntita, François Kazadi Ntita and Jean de Dieu Ntanga Ntita

MPRA Paper from University Library of Munich, Germany

Abstract: This paper examines the determinants of inflation in six countries of Central African Economic and Monetary Community (CAEMC). To achieve this objective, we used a panel model estimated by fixed effects over the period from 1996 to 2016. The econometric analysis shows that the money supply has a positive and very significant effect on inflation while political stability has a negative and very significant effect on inflation in this area. Management of the money supply and the maintenance of political stability are essential for the control of inflation in this area.

Keywords: Inflation; Politique monétaire; Panel; effets fixes; CEMAC. (search for similar items in EconPapers)
JEL-codes: C23 E31 O55 (search for similar items in EconPapers)
Date: 2017-04, Revised 2019-03
New Economics Papers: this item is included in nep-mac and nep-mon
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