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- W2954932267 abstract "This paper uses cointegration analysis to investigate the empirical relationship among money, prices, income, and a vector of interest rates in Uganda from 1982 to 1998. Despite the substantial financial market liberalization that has taken place in the early 1990s, quarterly time-series data confirm that a stable relationship prevailed among real broad money, income, and domestic and foreign interest rates. The empirical results indicate income homogeneity, a strong own-rate-of-return effect, a high degree of international capital mobility and asset substitutability, and demonstrate that both domestic and foreign factors are important determinants of inflation in Uganda." @default.
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- W2954932267 date "2001-01-01" @default.
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- W2954932267 title "Financial Liberalization, Money Demand, and Inflation in Uganda" @default.
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- W2954932267 doi "https://doi.org/10.5089/9781451854084.001" @default.
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