Successful inflation targeting in Mozambique despite vulnerability to internal and external shocks

dc.contributor.author	Andersson, Per-Åke
dc.contributor.author	Sjö, Bo
dc.contributor.organization	Dept of Economics, University of Gothenburg	sv
dc.date.accessioned	2012-10-02T08:54:52Z
dc.date.available	2012-10-02T08:54:52Z
dc.date.issued	2012-09
dc.description	JEL Classification: C32; E31; E50	sv
dc.description.abstract	Inflation has proven to be an important obstacle to successful economic adjustment in many countries. Despite both internal and external shocks to the economy, Mozambique has succeeded in controlling the inflation to gain high economic growth. This paper provides an econometric analysis of the dynamics behind the experience of Mozambique. Inflation is driven by both a purchasing power parity relation with South Africa and monetary factors. The result indicates that the country is using a crawling peg exchange rate regime.	sv
dc.format.extent	16 pages	sv
dc.identifier.issn	1403-2465
dc.identifier.uri	http://hdl.handle.net/2077/30502
dc.language.iso	eng	sv
dc.relation.ispartofseries	Working Papers in Economics	sv
dc.relation.ispartofseries	544	sv
dc.subject	inflation	sv
dc.subject	purchasing power parity	sv
dc.subject	money market	sv
dc.subject	VAR model	sv
dc.title	Successful inflation targeting in Mozambique despite vulnerability to internal and external shocks	sv
dc.type	Text	sv
dc.type.svep	report	sv

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