Gaining Global Clout Through Monetary Union: Evidence from East Africa

A Fast-Track East African Community Monetary Union? Convergence Evidence from A Cointegration Analysis

Fiscal Stimulus in a Monetary Union: Evidence from U.S. Regions

The paper considers specifications of monetary policy that hold the real or nominal interest rate constant in response to a government spending shock. Here, we illustrate the method used to solve for these monetary policy specifications. We do this for the case of separable preference. We use an analogous approach for the case of GHH preference. Consider the closed economy limit of our model. A...

The Regional Performance Impacts in the Supply Chain integration: Evidence from East Africa Basic Metal Industry

The objective of this study was to investigate the relationship between regional firm performance and supply chain integration practices. In addition to literature survey, the primary data collection instrument used was a questionnaire which was administrated to a total sample of 200 industry experts, administrative officers, functional department heads and directors, the industry managing dire...

Monetary Union Its Costs

How Does Monetary Policy Affect the Poor? Evidence from the West African Economic and Monetary Union

The West African Economic and Monetary Union (UEMOA) has a history of monetary stability and low inflation. Nevertheless, there is substantial variation in relative prices within some UEMOA countries, in particular in the price of food relative to other elements of the retail price index (IHPC). Using monthly time-series data for cities within the region, we analyze the impact of changes in mon...