Monetary Union Feasibility in the East African Community: Evidence from GPPP
This study utilises the generalised purchasing power parity (GPPP) to assess the feasibility of a monetary union in the East African Community (EAC) region. Time series and panel vector error correction models (VCM) were used to analyse monthly data from 1996-2016 for the five EAC countries. The co...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2021-11-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/11846 |