The originality of this paper is to provide the first analysis of the money multiplier in CEMAC zone. The money and its evolution is connected to the macroeconomic, monetary and financial situation. We have found that the money supply and the monetary base are linked in the long run in all the...

This article analyzes the factors explaining the volatility of cryptocurrency prices and the regulatory pathways aimed at the stability of these prices. Considering cryptocurrency as a social innovation and a total social fact, the social economy approach distinguishes two essential components...

A partir de un modelo de cointegración se intenta establecer una relación de causalidad entre la tasa de referencia (subasta de expansión), la tasa interbancaria y la tasa de interés de los CDT´s a 90 días (con frecuencia diaria). La estimación se realiza a través de modelos GARCH y sus...