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Volatility forecasts of inflation in the WAMZ area: Digit inflation convergence criterion
University of Ghana Business School, Accra, Ghana.
University of Ghana Business School, Accra, Ghana.
University of Ghana Business School, Accra, Ghana.
2014 (Engelska)Ingår i: 2nd UGBS Conference on Business and Development 2014: Conference Proceedings, Accra: University of Ghana Business School , 2014, s. 49-62Konferensbidrag, Publicerat paper (Refereegranskat)
Abstract [en]

This work seeks to augment policy directions on single-digit inflation rates convergence. The paper resorted to both univariate and multivariate forecasting procedures to predict the inflation rates of the member countries in the West African Monetary Zone (WAMZ) area, on the proposed date for the introduction of the Eco. Essentially, we did not find enough evidence that the introduction of the Eco will materialize on the set date. The paper cautions against a hasty introduction of the Eco. WAMI should therefore continue to create avenues for assisting member countries to improve their macroeconomic dynamics.

Ort, förlag, år, upplaga, sidor
Accra: University of Ghana Business School , 2014. s. 49-62
Nyckelord [en]
Single-Digit Inflation Convergence, Eco, West African Monetary Zone
Nationell ämneskategori
Nationalekonomi
Identifikatorer
URN: urn:nbn:se:hj:diva-38743ISBN: 978-9988-1-9561-8 (tryckt)ISBN: 978-9988-1-9564-9 (digital)OAI: oai:DiVA.org:hj-38743DiVA, id: diva2:1180124
Konferens
2nd University of Ghana Business School Conference on Business and Development, University of Ghana Business School, 29th to 31st July, 2014, Accra, Ghana
Tillgänglig från: 2018-02-05 Skapad: 2018-02-05 Senast uppdaterad: 2018-02-05Bibliografiskt granskad

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