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This article analyzes the political-fiscal cycle in Gabon. In Africa, it seems that the analysis of the politico-fiscal cycle has not attracted much interest. This is particularly the case in Gabon,… (More)
We examine the long run neutrality of money, in Central Africa Monetary and Economic Union (CAMEU) economies applying the multivariate methodology of King and Watson, using M2 and real output … (More)
We examine the long run neutrality of money, (LMN, hereafter), in the Economic and Monetary Community of Central Africa (EMCCA) countries, applying Fisher and Seater (1993) Autoregressive Integrated… (More)
The informal sector is often associated with micro- and family-based firms. In West Africa, however, some informal firms are very large. Based on detailed surveys and interviews carried out in Benin,… (More)
Using the generalized dynamic factor model of Forni and al. (2004), one estimates the spectral density matrix. One detects four common factors revealed by the dynamic eigenvalues within the Central… (More)
This article identifies cycles of Gabon GDP, those of its main components (consumption, investment, government spending, exports and imports), and their characteristics (duration, severity and… (More)