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The behaviour of income velocity in Tanzania 1967-1994

Author

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  • Michael O.A. Ndanshau

    (University of Dar-es-Salaam)

Abstract

Tanzania's rapid expansion in domestic credit since the late 1960s has resulted in an increasing growth in money supply. This was given particular significance in the structural adjustment programme adopted in 1982 and the three-year economic recovery programme of 1986, commonly referred to as ERP-I, which was extended to ERP-II, also referred to as economic and social action programme.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Michael O.A. Ndanshau, 1996. "The behaviour of income velocity in Tanzania 1967-1994," Working Papers 50, African Economic Research Consortium, Research Department.
  • Handle: RePEc:aer:wpaper:50
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    File URL: ftp://41.215.20.26/RePEc/aer/wpaper/RP50.pdf
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    Cited by:

    1. A. Osuntogun & C.C. Edordu & B. O. Oramah, 1997. "Potentials for diversifying Nigeria's non-oil exports to non-traditional markets," Working Papers 68, African Economic Research Consortium, Research Department.
    2. Kimolo, Deogratius, 2009. "Modelling and Forecasting Inflation in Tanzania: A Univariate Time Series Analysis," MPRA Paper 114782, University Library of Munich, Germany.
    3. A.E.Akinlo, 2012. "Financial Development and the Velocity of Money in Nigeria: An Empirical Analysis," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 4(2), pages 097-113, December.
    4. Ariyo Ademola, 1997. "Productivity of the Nigerian Tax System: 1970–1990," Working Papers 67, African Economic Research Consortium, Research Department.

    More about this item

    JEL classification:

    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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