Suppressed Inflation and Money Demand in Zimbabwe

  • Muñoz S
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Abstract

The paper investigates the divergence between inflation and monetary expansion in Zimbabwe since late 2003. The substantial decline in velocity and increasing levels of real money balances during 2004 are at odds with a record of inflation closely tracking the …

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APA

Muñoz, S. (2006). Suppressed Inflation and Money Demand in Zimbabwe. IMF Working Papers, 06(15), 1. https://doi.org/10.5089/9781451862751.001

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