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The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996

Bulir, Ales - 1998

From the early 1960s to the early 1980s, the officially recorded production of cocoa in Ghana declined by 60 percent …. During the 1983–95 Economic Recovery Program, however, cocoa production doubled. Although these developments have inspired … much empirical research, most of the studies have been unable to explain the medium-term persistence of cocoa output to …

Persistent link: https://www.econbiz.de/10014401720

Export Tax and Pricing Power : Two Hypotheseson the Cocoa Market in Côte D’Ivoire

Kireyev, Alexei - 2010

cocoa exports from Côte d’Ivoire …

Persistent link: https://www.econbiz.de/10014402653

Interest Rate Liberalization : Some Lessons From Africa

Turtelboom, Bart - 1991

This paper undertakes a survey of theoretical considerations and an analysis of the experience of five African countries with interest rate liberalization. Despite substantial progress in monetary policy reforms, liberalization has only partially affected the level and variability of interest...

Persistent link: https://www.econbiz.de/10014395864

Improving crop yields in Sub-Saharan Africa : what does the East African data say?

Thomas, Alun - 2020

Recent micro level data from East Africa is used to benchmark aggregate data and assess the role of agricultural inputs in explaining variation in crop yields on smallholding plots. Fertilizer, improved seeds, protection against erosion and pesticides improve crop yields in Rwanda and Ethiopia,...

Persistent link: https://www.econbiz.de/10012251996

Inflation expectations in the U.S. : linking markets, households, and businesses

Williams, Peter D. - 2020

Inflation has been below the Federal Reserve's target for much of the past 20 years, creating worries that inflation may be deanchoring from the FOMC's target. This paper uses a factor model that incorporates information from professional forecasters, household and business surveys, and the...

Persistent link: https://www.econbiz.de/10012392558

Monetary policy is not always systematic and data-driven : evidence from the yield curve

Bulíř, Aleš; Vlček, Jan - 2020

Does monetary policy react systematically to macroeconomic innovations? In a sample of 16 countries - operating under various monetary regimes - we find that monetary policy decisions, as expressed in yield curve movements, do react to macroeconomic innovations and these reactions reflect the...