responses of output, inflation, and money market mutual funds (MMMF) to a positive monetary shock. The idea of incorporating …

Anecdotal evidence shows that monetary expansion (excess liquidity) induces inflation in the West African Monetary Zone … (Zone). Uncertainty about the nature of inflation persistence often undermines regional convergence due to the asymmetric … supply growth and inflation in the WAMZ countries, using panel data methodology for the period 2000-2015. The empirical …

The study models the behaviour of the Central Bank of Nigeria. An extended Taylor's framework that accounted for … investigation spanned 1981q1 - 2017q4. The study found that money supply in Nigeria was endogenous and showed, consequently, that … the Central Bank of Nigeria (CBN) acted discretionally rather than stick to some monetary policy rules for the period …

This paper develops a Bayesian quantile regression model with time-varying parameters (TVPs) for forecasting inflation … inflation with the ability of quantile regression to model flexibly the whole distribution of inflation. In order to make our …-based indicators for the prediction of the conditional distribution of inflation in the euro area, both in the short and longer run …

. This suggestion indicates a potential in the IKM funding as a monetary injection for anti-stagflation free from inflation …

-induced recession, RCISs have not experienced commensurate inflation. Within the framework of the Quantity Theory of Money (QTM … that stems from money supply growth; however, GDP slowdowns have not explained the disproportionally low inflation in RCISs … compared to their monetary expansions, and the impact of reduction in the velocity on lowering inflation remains unclear due to …

inflation. We discuss dollarization, administrative interventions, and other features complicating monetary policy transmission …