BibTex RIS Cite

Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community

Year 2014, Volume: 4 Issue: 1, 1 - 7, 01.03.2014

Emmanuel Anoruo Vasudeva N.r. Murthy

https://izlik.org/JA89PH87GZ

Abstract

This paper uses nonlinear unit root testing procedures to examine the issue of inflation convergence for the Central African Economic and Monetary Community (CEMAC) member states including Cameron, Central African Republic, Chad, Equatorial Guinea, Gabon and the Republic of Congo. The results from nonlinear STAR unit root tests suggest that inflation differentials for the sample countries are nonlinear and mean reverting processes. These results provide evidence of inflation convergence among countries within CEMAC. The finding of inflation convergence indicates the feasibility of a common monetary policy and/or inflation targeting regime within CEMAC.

Keywords

inflation convergence STAR nonlinear unit root tests inflation differential CEMAC

Year 2014, Volume: 4 Issue: 1, 1 - 7, 01.03.2014

Emmanuel Anoruo Vasudeva N.r. Murthy

https://izlik.org/JA89PH87GZ

Abstract

There are 0 citations in total.

Details

Other ID JA25UM36ZD
Authors

Emmanuel Anoruo This is me

Vasudeva N.r. Murthy This is me

Publication Date March 1, 2014
IZ https://izlik.org/JA89PH87GZ
Published in Issue Year 2014 Volume: 4 Issue: 1

Cite

APA Anoruo, E., & Murthy, V. N. (2014). Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community. International Journal of Economics and Financial Issues, 4(1), 1-7. https://izlik.org/JA89PH87GZ
AMA 1.Anoruo E, Murthy VN. Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community. IJEFI. 2014;4(1):1-7. https://izlik.org/JA89PH87GZ
Chicago Anoruo, Emmanuel, and Vasudeva N.r. Murthy. 2014. “Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community”. International Journal of Economics and Financial Issues 4 (1): 1-7. https://izlik.org/JA89PH87GZ.
EndNote Anoruo E, Murthy VN (March 1, 2014) Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community. International Journal of Economics and Financial Issues 4 1 1–7.
IEEE [1]E. Anoruo and V. N. Murthy, “Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community”, IJEFI, vol. 4, no. 1, pp. 1–7, Mar. 2014, [Online]. Available: https://izlik.org/JA89PH87GZ
ISNAD Anoruo, Emmanuel - Murthy, Vasudeva N.r. “Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community”. International Journal of Economics and Financial Issues 4/1 (March 1, 2014): 1-7. https://izlik.org/JA89PH87GZ.
JAMA 1.Anoruo E, Murthy VN. Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community. IJEFI. 2014;4:1–7.
MLA Anoruo, Emmanuel, and Vasudeva N.r. Murthy. “Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community”. International Journal of Economics and Financial Issues, vol. 4, no. 1, Mar. 2014, pp. 1-7, https://izlik.org/JA89PH87GZ.
Vancouver 1.Emmanuel Anoruo, Vasudeva N.r. Murthy. Testing Nonlinear Inflation Convergence for the Central African Economic and Monetary Community. IJEFI [Internet]. 2014 Mar. 1;4(1):1-7. Available from: https://izlik.org/JA89PH87GZ