This paper tests the monetary approach to Zimbabwe's balance of payments during the period 1980 to 1991. It examines whether excess money supply played a role as a disturbance using multivariate cointegration and error-correction modelling.
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Paper provided by African Economic Research Consortium in its series Papers with number
46.
Find related papers by JEL classification: C00 - Mathematical and Quantitative Methods - - General - - - General F30 - International Economics - - International Finance - - - General F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa