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Inflation Dynamics in a Dollarised Economy: The Case of Zimbabwe

Author

Listed:
  • Pierre Le Roux
  • William Kavila

Abstract

This paper explores the dynamics of inflation in the dollarised Zimbabwean economy using the Autoregressive Distributed Lag Model (ARDL) with monthly data from 2009:1 to 2012:12. The main determinants of inflation were found to be the US dollar/South African rand exchange rate, international oil prices, inflation expectations and South African inflation rate. During the local […]

Suggested Citation

  • Pierre Le Roux & William Kavila, 2016. "Inflation Dynamics in a Dollarised Economy: The Case of Zimbabwe," Working Papers 606, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:606
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/working_paper_606.pdf
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    Cited by:

    1. Raynold Runganga, 2020. "Inflation and Economic Growth in Zimbabwe is there Any Inflation Threshold Level?," International Journal of Applied Economics, Finance and Accounting, Online Academic Press, vol. 8(1), pages 1-10.

    More about this item

    Keywords

    central bank; Inflation; Time Series Analysis;
    All these keywords.

    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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