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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 …
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This paper studies the effects of fiscal policy on GDP, prices and interest rates in 5 OECD countries, using a structural Vector Autoregression approach. Its mains results can be summarized as follows; 1) The effects of fiscal policy on GDP and its components have become substantially weaker in...
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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 …
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