Assoumou-Ella, Giscard - In: Journal of Central Banking Theory and Practice 8 (2019) 2, pp. 65-83
The foreign exchange reserves of the Central African Economic and Monetary Community (CEMAC) countries have decreased since the fall of world oil price that began in July 2014. In fact, five of the six of the CEMAC countries are oil producers. Based on interrupted time series modeling, the...
