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What price level data tells us about consumer price rigidity in Zimbabwe: Evidence from new data

Author

Listed:
  • Mike Nyawo
  • Neil Rankin

Abstract

Sometimes countries adopt new currencies which are not their own as a medium of exchange. The reasons for this vary but often this is as a response to a macroeconomic crisis. In January 2009, Zimbabwe adopted a new currency after experiencing a decade of hyperinflation and economic crisis. The change in currency had positive effects […]

Suggested Citation

  • Mike Nyawo & Neil Rankin, 2016. "What price level data tells us about consumer price rigidity in Zimbabwe: Evidence from new data," Working Papers 88, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:88
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    More about this item

    Keywords

    Africa; Firms and Development; Inflation; Monetary Policy; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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