Demand for money and shortages in Ethiopia

E. Sterken

doi:10.1080/1350485042000245511

Demand for money and shortages in Ethiopia

E. Sterken

Economics, Econometrics and Finance

Research output: Contribution to journal › Article › Academic › peer-review

5 Citations (Scopus)

309 Downloads (Pure)

Abstract

The paper discusses the long-run monetary conditions in Ethiopia in the last three decades. These decades can be characterized by large political changes, leading to shocks on income and population growth, and two serious periods of drought. Both affected inflation and real demand for M-1 through shortages of food. Shortage due to drops in rainfall might have long-run monetary consequences. Despite regime shifts we find support for stability of Ethiopian narrow money demand.

Original language	English
Pages (from-to)	759-769
Number of pages	11
Journal	Applied Economics Letters
Volume	11
Issue number	12
DOIs	https://doi.org/10.1080/1350485042000245511
Publication status	Published - 10-Oct-2004

Keywords

COINTEGRATION
POLAND

Access to Document

10.1080/1350485042000245511

Demand for money and shortages in EthiopiaFinal publisher's version, 250 KBLicence: Taverne

Handle.net

Persistent link

Cite this

@article{b6f7dd344bd14515bbb39263e0013c9d,

title = "Demand for money and shortages in Ethiopia",

abstract = "The paper discusses the long-run monetary conditions in Ethiopia in the last three decades. These decades can be characterized by large political changes, leading to shocks on income and population growth, and two serious periods of drought. Both affected inflation and real demand for M-1 through shortages of food. Shortage due to drops in rainfall might have long-run monetary consequences. Despite regime shifts we find support for stability of Ethiopian narrow money demand.",

keywords = "COINTEGRATION, POLAND",

author = "E. Sterken",

year = "2004",

month = oct,

day = "10",

doi = "10.1080/1350485042000245511",

language = "English",

volume = "11",

pages = "759--769",

journal = "Applied Economics Letters",

publisher = "ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD",

number = "12",

}

TY - JOUR

T1 - Demand for money and shortages in Ethiopia

AU - Sterken, E.

PY - 2004/10/10

Y1 - 2004/10/10

N2 - The paper discusses the long-run monetary conditions in Ethiopia in the last three decades. These decades can be characterized by large political changes, leading to shocks on income and population growth, and two serious periods of drought. Both affected inflation and real demand for M-1 through shortages of food. Shortage due to drops in rainfall might have long-run monetary consequences. Despite regime shifts we find support for stability of Ethiopian narrow money demand.

AB - The paper discusses the long-run monetary conditions in Ethiopia in the last three decades. These decades can be characterized by large political changes, leading to shocks on income and population growth, and two serious periods of drought. Both affected inflation and real demand for M-1 through shortages of food. Shortage due to drops in rainfall might have long-run monetary consequences. Despite regime shifts we find support for stability of Ethiopian narrow money demand.

KW - COINTEGRATION

KW - POLAND

U2 - 10.1080/1350485042000245511

DO - 10.1080/1350485042000245511

M3 - Article

VL - 11

SP - 759

EP - 769

JO - Applied Economics Letters

JF - Applied Economics Letters

IS - 12

ER -

Demand for money and shortages in Ethiopia

Abstract

Keywords

Access to Document

Handle.net

Fingerprint

Cite this