Macroeconomic effects of Mobile money:evidence from Uganda
作者机构：The World BankJubaSouth Sudan Economic Policy Research CentreMakerere UniversityKampalaUganda.
出 版 物：《Financial Innovation》 (金融创新（英文）)
年 卷 期：2019年第5卷第1期
页 面：387-406页
核心收录：
学科分类：02[经济学] 0202[经济学-应用经济学] 0201[经济学-理论经济学] 020204[经济学-金融学（含∶保险学）] 020203[经济学-财政学（含∶税收学）] 020101[经济学-政治经济学]
主 题：Mobile money Monetary policy Inflation Interest rates Private-sector credit Money demand GDP Uganda
摘 要：This study examined the effects of mobile money-a recent innovation in Uganda’s financial-sector landscape-on aggregate economic activity and other macroeconomic *** first estimated the long-run mobile-money demand function using vector error correction(VEC)techniques,distinguishing between balances and transfers/*** then estimated the short-run effects of mobile money on selected macroeconomic variables using structural vector autoregressive(SVAR)*** results showed that mobile money had moderate positive effects on monetary aggregates,consumer price index,private-sector credit,and aggregate economic *** money balances responded to changes in monetary policy instruments,signaling possible ameliorating effects for the conduct of monetary ***,the results showed that transactional motives related to mobile money had stronger macroeconomic effects than savings motives.
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