EVALUATION OF THE ECONOMIC RELATIONSHIP BETWEEN INFLATION AND ITS DETERMINANTS IN RWANDA
European Journal of Economic and Financial Research
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Title |
EVALUATION OF THE ECONOMIC RELATIONSHIP BETWEEN INFLATION AND ITS DETERMINANTS IN RWANDA
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Creator |
Esperance, Nyinawumuntu
Fuling, Han |
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Subject |
inflation; exchange rate; interest rate; money supply; Rwanda
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Description |
This study aimed to estimate the inflation determinants in the Rwandan economy from 1980 to 2018 periods, focusing more on the hypothesized drivers such as dollar exchange rate, interest rates, broad money supply and real national income (GDP). The study used quantitative analysis using an econometric model called Ordinary Least Squares (OLS). The findings of this study show that there is a long-run relationship between inflation and its hypothesized drivers mainly growth in GDP (positive), the Exchange rate (negative), Broad money supply growth (positive) and Interest rate (negative). JEL: E31, D51, P24 Article visualizations:
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Publisher |
Open Access Publishing Group
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Contributor |
—
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Date |
2020-03-18
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
https://oapub.org/soc/index.php/EJEFR/article/view/756
10.46827/ejefr.v0i0.756 |
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Source |
European Journal of Economic and Financial Research; Volume 3, Issue 6, 2020
25019430 25019430 |
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Language |
eng
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Relation |
https://oapub.org/soc/index.php/EJEFR/article/view/756/1338
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Rights |
Copyright (c) 2020 Nyinawumuntu Esperance, Han Fuling
http://creativecommons.org/licenses/by/4.0 |
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