Monetary Variables in Macmod. A Note Concerning the Introduction of Monetary Variables in the Tanzanian Macro Economic Model : Macmod

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Monetary Variables in Macmod. A Note Concerning the Introduction of Monetary Variables in the Tanzanian Macro Economic Model : Macmod

Author Info

Granberg, P.

Abstract

This paper discusses the relationship between money supply and production in Tanzania, wit special reference to Macmod, the macroeconomic model for Tanzania. The relationship between money supply and production is seen as being neither direct nor simple in nature: the paper argues that the money supply does not impact production directly, but via inflation. Other things being equal, one may consequently expect money supply to influence inflation, and inflation to affect production.

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Publisher Info
Paper provided by Universitat Zurich - Wirtschaftswissenschaftliches Institut in its series Papers with number 2000:2.

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Length: 32 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:zuriwi:2000:2

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Postal: Swizerland; University of Zurich, Economic Department, Raemistrasse 71 8006 Zurich, Switzerland. 25p.
Web page: http://www.oec.uzh.ch/
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Find related papers by JEL classification:
E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
N17 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - Africa; Oceania

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