technique of the Vector Autoregression (VAR) and focusing on impact of broad money supply (M2), lending rate, inflation and real … and Ghana Statistical Service. It was found that, real GDP granger causes exchange rate in Ghana. However, inflation … the lending rate and money supply in order to lower inflation to create rooms for more investors to produce more to …

This paper studies the effects of fiscal policy on GDP, inflation and interest rates in 5 OECD countries, using a … plausible values of its price elasticity, government spending typically has small effects on inflation. 6) Both the decline in …

inverted U-shaped manner. Finally, we find that an inflation shock has a U-shaped negative impact on aggregate and modern house …