DETERMINANTS DE L'INFLATION DANS LES PAYS DE LA COMMUNAUTE ECONOMIQUE ET MONETAIRE DE L'AFRIQUE CENTRALE, (CEMAC)

Ntita Ntita, Jean and Kazadi Ntita, François and Ntanga Ntita, Jean de Dieu (2017): DETERMINANTS DE L'INFLATION DANS LES PAYS DE LA COMMUNAUTE ECONOMIQUE ET MONETAIRE DE L'AFRIQUE CENTRALE, (CEMAC).

Abstract

This paper examines the determinants of inflation in six countries of Central African Economic and Monetary Community (CAEMC). To achieve this objective, we used a panel model estimated by fixed effects over the period from 1996 to 2016. The econometric analysis shows that the money supply has a positive and very significant effect on inflation while political stability has a negative and very significant effect on inflation in this area. Management of the money supply and the maintenance of political stability are essential for the control of inflation in this area.

• Item Type: MPRA Paper
• English Title: DETERMINANTS OF INFLATION IN CENTRAL AFRICAN ECONOMIC AND MONETARY COMMUNITY (CAEMC)
• Language: French
• Keywords: Inflation, Politique monétaire, Panel, effets fixes, CEMAC.
• Subjects: C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C23 - Panel Data Models ; Spatio-temporal Models; E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E31 - Price Level ; Inflation ; Deflation; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa

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