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Financial Innovation and Money Demand: Evidence from Sub-Saharan Africa

Elizabeth Kasekende and John Dunne

No 583, Working Papers from Economic Research Southern Africa

Abstract: While the effect of financial innovation on money demand has been widely researched in industrialised countries, because of its major role in monetary policy, few studies have focussed on developing countries. This is surprising given the considerable growth in financial innovation in Sub-Saharan Africa in recent years and its potential implications for developing country macroeconomic […]

Keywords: central bank; Financial Markets; Technological Innovation (search for similar items in EconPapers)
JEL-codes: E41 (search for similar items in EconPapers)
Date: 2016-02-01
New Economics Papers: this item is included in nep-afr, nep-ino, nep-mac, nep-mon, nep-pay and nep-pke
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Financial Innovation and Money Demand: Evidence from Sub‐Saharan Africa (2018) Downloads
Working Paper: Financial Innovation and Money Demand: Evidence from Sub-Saharan Africa (2017) Downloads
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