Alagidede, Paul; Coleman, Simeon; Cuestas, Juan Carlos - In: Journal of Policy Modeling 34 (2012) 3, pp. 460-475
This paper examines the inflation dynamics and common trends in the real gross domestic product (GDP) in the candidate countries of the embryonic West African Monetary Zone (WAMZ). Using fractional integration and cointegration methods, we establish that significant heterogeneity in behavior...