Inflation Dynamics and Policy Mix in Ghana
References
- Adom, P.K., Zumah, F., Mubarik, A.W., Ntodi, A.B., Darko, C.N. (2015). Analysing inflation dynamics in Ghana. African Development Review, 27(1), 1–13.
- Adu, G., Marbuah, G. (2011). Determinants of inflation in Ghana: An empirical investigation. South African Journal of Economics, 79(3), 251–269.
- Adusei, M. (2013). Is inflation in South Africa a structural or monetary phenomenon? British Journal of Economics, Management and Trade, 3(1), 60–72.
- Akinboade, O.A., Niedermeier, E.W., Siebrits, F.K. (2002). The dynamics of inflation in South Africa: Implications for policy. South African Journal of Economics, 70(3), 213–223.
- Bleaney, M., Morozumi, A., Mumuni, Z. (2020). Inflation targeting and monetary policy in Ghana. Journal of African Economies, 29(2), 121–145. DOI: 10.1093/jae/ejz021.
- Cochrane, J.H. (2000). Money as stock: Price level determination with no money demand. National Bureau of Economic Research, Working Paper No. 7498.
- Diouf, N.A. (2007). Modeling inflation for Mali. IMF Working Paper, WP/07/295.
- Dordunoo, C.K., Nyanteng, V.K. (1997). Overview of Ghanaian economic development. Policies and Options for Ghanaian Economic Development. ISSER. Accra, 1–22.
- Friedman, M. (1966). What price guideposts? In: G.P. Shultz, R.Z. Aliber (eds.), Guidelines: Informal Controls and the Market Place (pp. 17–39 and 55–61). Chicago.
- Gokal, V., Hanif, S. (2004). Relationship between inflation and economic growth. Economics Department Reserve Bank of Fiji Working Paper, 2004/04.
- Harvey, S.K., Cushing, M.J. (2014). Separating monetary and structural causes of inflation. Journal of Finance & Economics, 2(3), 16–30.
- Hjalmarsson, E., Osterholm, P. (2007). Testing for cointegration using the Johansen Methodology when variables are near-integrated. International Monetary Fund Working Paper, WP/07/141.
- Hodge, D. (2006). Inflation and growth in South Africa. Cambridge Journal of Economics, 30, 163–180.
- Imimole, B., Enoma, A. (2011). Exchange rate depreciation and inflation in Nigeria (1986–2008). Business and Economics Journal, 28(1), 1–11.
- Isaac, M.K., Samwel, K.C. (2012). Effects of fiscal policy on private investment and economic growth in Kenya. Journal of Economics and Sustainable Development, 3(7), 8–16.
- Johansen, S., Juselius, K. (1990). Maximum likelihood estimation and inference on cointegration – with applications to the demand for money. Oxford Bulletin of Economics and Statistics, 52(2), 169–210.
- Kabundi, A. (2012). Dynamics of inflation in Uganda. African Development Bank Group Working Paper, WP Series No. 152.
- Kovanen, A. (2011). Does money matter for inflation in Ghana? IMF Working Paper, African Department. WP/11/274.
- Fosu, A. (2001). Emerging Africa: The case of Ghana. http://www.oceandocs.org/handle/1834/448 (22.06.2022).
- McCallum, B.T. (1998). Indeterminacy, bubbles, and the fiscal theory of price level determination. National Bureau of Economic Research, Working Paper No. 6456.
- Ocran, M.K. (2007). A modeling of Ghana’s inflation experience: 1960–2003’, AERC Research Paper No. 169. African Economic Research Consortium, Nairobi.
- Pesaran, M.H., Shin, Y., Smith, R.J. (2001). “Bound testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326.
- Woodford, M. (1994). Monetary policy and price level determinacy in a cash-in-advance economy. Economic Theory, 4(3), 345–80.
Language: English
Page range: 124 - 143
Submitted on: Apr 4, 2023
Accepted on: Feb 21, 2024
Published on: May 31, 2024
Published by: Sciendo
In partnership with: Paradigm Publishing Services
Publication frequency: 2 times per year
Keywords:
Related subjects:
© 2024 Temitope Lydia A. Leshoro, published by Sciendo
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 License.