Forecasting and Monetary Policy Analysis in Low-Income Countries: Food and non-Food Inflation in Kenya

WP/13/61

Nopic
We develop a semi-structural new-Keynesian open-economy model, with separate food and non-food inflation dynamics, for forecasting and monetary policy analysis in low-income countries and apply it to Kenya. We use the model to run several policy-relevant exercises. First, we filter international and Kenyan data (on output, inflation and its... READ MORE...

Publication date: March 2013
ISBN 9781475537444
$18.00

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Publication date: March 2013

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Publication date: March 2013

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