Author/Editor: Hamid Reza Davoodi, Shiv Dixit, Gabor Pinter.

Release Date:February, 2013

Do changes in monetary policy affect inflation and output in the East African Community (EAC)? We find that (i) Monetary Transmission Mechanism (MTM) tends to be generally weak when using standard more...

Author/Editor: Shiv Dixit, Maxwell Opoku-Afari.

Release Date:May, 2012

This paper uses a set of routinely collected high-frequency data in low-income countries (LICs) to construct an aggregate and a comprehensive index of economic activity which could serve (i) as a more...