Les effets macroéconomiques de la chute des cours des produits de base: Evaluation sur la République démocratique du Congo

The Macroeconomic Effects of commodity bust: Assessment on Democratic Republic of the Congo

MPRA Paper from University Library of Munich, Germany

Abstract: This paper assesses the shock impact of commodity prices on the macroeconomic framework in the Democratic Republic of the Congo. Using a Vector autoregressive (VAR) model, we determine the impulses of each macroeconomic sector to lower prices. The results indicate that this shock leads to complex effects that can lead to systemic risks and crises. We suggest that it would be important for governments, given such shocks, to learn from and take immediate action to strengthen the resilience of the economy and the financial system to future shocks in based.

Keywords: commodity prices; macroeconomic behavior (search for similar items in EconPapers)
JEL-codes: E60 F41 Q02 (search for similar items in EconPapers)
Date: 2018, Revised 0208
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Published in International Journal of Innovation and Applied Studies ISSN 2028-9324.24(2018): pp. 167-180

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/93130/1/MPRA_paper_93130.pdf original version (application/pdf)

Related works:
Working Paper: Les effets macroéconomiques de la chute des cours des produits de base: Evaluation sur la République démocratique du Congo (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:93130

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().