An Empirical Analysis of Money, Exchange Rate and Inflation Dynamics in Sudan
The issue of the direction of dynamic causality among macroeconomic variables has been a divisive issue among the economists. It is argued that an exogenous expansion in money supply leads to a long-run cumulative causation among macroeconomic variables. Domestic monetary expansion causes domesti...
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Format: | Thesis |
Language: | English English |
Published: |
2001
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Online Access: | http://psasir.upm.edu.my/id/eprint/8296/1/FEP_2001_9_IR.pdf |