Johnson J. Nyella

Johnson J. Nyella is affiliated to the Bank of Tanzania.  

Content by Johnson J. Nyella
  • Publication - Working Paper

    The Demand for Money in Tanzania (Working Paper)

    2 Sep 2014 | Christopher Adam, Pantaleo Kessy, Johnson J. Nyella, Stephen O'Connell

  • Project

    The Transmission Mechanism in Tanzania

    This paper is the outcome of research collaboration between staff of the Department of Economic Research and Policy at the Bank of Tanzania and the International Growth Centre. Its objective is to develop a systematic approach to the investigation of the effectiveness of monetary transmission in low-income countries that can be applied specifically to the five EAC...

    1 Jul 2010 | Christopher Adam, Stephen O'Connell, Johnson J. Nyella

  • Project

    The Demand for Money in Tanzania

    We develop an econometric model of the demand for M2 in Tanzania, using quarterly data from 1998 to the present. The continuous decline in velocity since the late 1990s is associated with a transformation of economic activity that has cumulatively increased the monetary intensity of GDP. Portfolio behavior also responds to expected inflation and to exchange rate...

    1 Sep 2009 | Stephen O'Connell, Pantaleo Kessy, Christopher Adam, Johnson J. Nyella