Adam, Christopher and Kessy, Pantaleo
Assessing the stability and predictability of the money multiplier in the EAC: the case of Tanzania.
International Growth Centre, London, UK.
This paper was commissioned by the Economic Affairs sub-committee of the East African Community Monetary Affairs Committee. The paper offers a template for Partner State central banks to employ in developing common operational and analytical approaches to understanding the evolution and behaviour of the money multiplier in the context of reserve money-based monetary programmes.
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