Monetary policy in the CFA Franc Zone: Estimating Reaction Functions for the BCEAO

Please use this identifier to cite or link to this item: http://bura.brunel.ac.uk/handle/2438/1147

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DC Field	Value	Language
dc.contributor.author	Shortland, A	-
dc.contributor.author	Stasavage, D	-
dc.coverage.spatial	27	en
dc.date.accessioned	2007-08-09T13:20:08Z	-
dc.date.available	2007-08-09T13:20:08Z	-
dc.date.issued	2004	-
dc.identifier.citation	This is a pre-copy-editing, author-produced PDF of an article accepted for publication in Journal of African Economies following peer review. The definitive publisher-authenticated version Journal of African Economies, Vol. 13 No. 4 is available online at: http://dx.doi.org/10.1093/jae/ejh027	en
dc.identifier.uri	http://bura.brunel.ac.uk/handle/2438/1147	-
dc.description.abstract	This paper examines to what extent the central bank for the West African Economic and Monetary Union (BCEAO) has used interest rate policy in response to domestic economic developments. We show that while in the long run the BCEAO matches changes in French (Eurozone) interest rates one for one, in the short run it retains freedom to react to domestic economic variables, such as inflation, the output gap, its foreign exchange position and government borrowing.	en
dc.format.extent	147067 bytes	-
dc.format.mimetype	application/pdf	-
dc.language.iso	en	-
dc.publisher	Oxford University Press and © Centre for the Study of African Economies 2004; all rights reserved	en
dc.title	Monetary policy in the CFA Franc Zone: Estimating Reaction Functions for the BCEAO	en
dc.type	Research Paper	en
Appears in Collections:	Economics and Finance Dept of Economics and Finance Research Papers

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