Inflation and macroeconomic instability in Madagascar

被引：5
|
作者：
Azam, JP [1 ]
机构：
[1] Univ Toulouse, ARQADE, Toulouse, France
[2] Univ Toulouse, IDEI, Toulouse, France
来源：
AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT | 2001年 / 13卷 / 02期
关键词：
D O I：
10.1111/1467-8268.00036
中图分类号：
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号：
0201 ; 020105 ; 03 ; 0303 ;
摘要：
The relationships between inflation and macroeconomic 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.
引用
收藏
页码：175 / 201
页数：27
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