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Food prices and inflation in Tanzania

Abstract:

This paper presents an econometric model of headline Tanzanian inflation and its principal components for the period since 2000. Inflation is modeled in terms of deviations from a set of ‘anchors’ reflecting long-run demand-side and monetary determinants, on the one hand, and supply-side and open economy factors on the other. Five main conclusions derive from our analysis. First, money growth and hence the stance of monetary policy matters for inflation both in the long run and in the short r...

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Publication status:
Published
Peer review status:
Peer reviewed

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Institution:
University of Oxford
Oxford college:
St Cross College
Role:
Author
Publisher:
African Finance and Economic Association
Journal:
Journal of African Development More from this journal
Volume:
18
Issue:
2
Pages:
19-40
Publication date:
2017-02-15
Acceptance date:
2016-12-18
ISSN:
1060-6076
Keywords:
Pubs id:
pubs:667277
UUID:
uuid:21538526-9ab8-444e-9ea2-de2a006ce638
Local pid:
pubs:667277
Source identifiers:
667277
Deposit date:
2016-12-29

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