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Publications (24)

Policy Brief pdf
– L’Expérience Africaine Peut-Elle Inspirer la Banque Centrale Européenne
David Fielding - UNU-WIDER, 2005 - Helsinki, Finland

Les 14 pays membres de la zone franc en Afrique de l'Ouest et en Afrique centrale constituent - avec plusieurs décennies d'avance sur l'Union monétaire européenne - la plus importante union monétaire de l'hémisphère austral. Face à la perspective de création, à court terme, de...

Policy Brief pdf
David Fielding - UNU-WIDER, 2005 - Helsinki, Finland

The 14-member Franc Zone in West and Central Africa represents the largest monetary union in the southern hemisphere, predating the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future, Macroeconomic Policy in the Franc Zone focuses on some...

David Fielding - Palgrave Macmillan, 2005 - Basingstoke, UK

The fourteen members of the African CFA Franc Zone represent the largest monetary unions in the southern hemisphere, predating the European Monetary Union by decades. With monetary unions planned for other parts of Africa in the near future, this book focuses on some of the key challenges facing...

Book Chapter
– Evidence from the West African Economic and Monetary Union
David Fielding - , 2005
Book Chapter
– Country-Level Credit Policy
Anja Shortland, David Stasavage - , 2005
Book Chapter
– Time-Series and Cross-Country Evidence from the Franc Zone Countries of Sub-Saharan Africa
Michael F. Bleaney, Akira Nishiyama - , 2005
David Fielding - Journal of African Economies, 2004 - Oxford, UK

Members of the CFA-zone enjoy currency convertibility, fiscal and monetary policies which are more prudent than SSA as a whole, and a large amount of financial and technical assistance. These advantages do not appear, however, to have resulted in more rapid economic and human development in the CFA...

Working Paper pdf
David Fielding, Kevin Lee, Kalvinder Shields - UNU-WIDER, 2004 - Helsinki, Finland

In this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence profiles of different kinds, in order to identify...

Working Paper pdf
– A West African Example
David Fielding, Kevin Lee, Kalvinder Shields - UNU-WIDER, 2004 - Helsinki, Finland

We construct a structural macroeconometric model for member states of the West African Economic and Monetary Union. Fitting this model to annual and quarterly time series data allows us to identify the channels through which macroeconomic innovation in one country impact on other countries in the...

Working Paper pdf
– A Comparative Study Using Innovation Accounting
Simeon Coleman - UNU-WIDER, 2004 - Helsinki, Finland

This paper investigates the impacts and responses of macroeconomic shocks in some domestic economies in Sub-Saharan Africa over the period 1961-99; more specifically, it seeks to answer the question of whether there are any systematic differences in the responses of the CFA franc zones and the non-...

Working Paper pdf
– The Choice of an Exchange Rate Regime for the CFA Countries Zone
Mireille Linjouom - UNU-WIDER, 2004 - Helsinki, Finland

The paper determines an analytical framework defining the choice of an optimal exchange rate regime for a typical CFA country. The policymakers behave strategically to decide to adopt alternative exchange rate regime by minimizing their loss function under specific constraints like economic...

Displaying 16 of 24 results.