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In this study we investigate the role of information and communication technology (ICT) in conflicts of financial intermediation for financial access. The empirical evidence is based on contemporary (or current values) and non-contemporary (or lagged by a year) quantile regressions in 53 African...
Persistent link: https://www.econbiz.de/10011758366
To the best our knowledge, in the first empirical macroeconomic examination of the nexus between financial intermediation and mobile phones, Asongu employs two conflicting financial system definitions in the assessment of how mobile phones have stimulated financial development in Africa. Within...
Persistent link: https://www.econbiz.de/10013009769
The study examines the role of global predictors on national monetary policy formation for Kenya and Ghana within the New Keynesian DSGE framework. We developed and automatically calibrated our DSGE model using the Bayesian estimator, which made our model robust to rigorous stochastic number of...
Persistent link: https://www.econbiz.de/10012107801
The study examines the role of global predictors on national monetary policy formation for Kenya and Ghana within the New Keynesian DSGE framework. We developed and automatically calibrated our DSGE model using the Bayesian estimator, which made our model robust to rigorous stochastic number of...
Persistent link: https://www.econbiz.de/10012389121
In this paper, we contribute empirically to the debate on the legitimacy of the African Union by exploring the question on whether individual opinions in support of African integration are sensitive to macroeconomic fluctuations? For this purpose, we use the 4th, 5th, 6th and 8 thAfrobarometer...
Persistent link: https://www.econbiz.de/10014445806
Persistent link: https://www.econbiz.de/10011805942
Financial development indicators are often applied to countries/regions without taking into account specific financial development realities. Financial depth in the perspective of monetary base is not equal to liquid liabilities in every development context. This paper introduces complementary...
Persistent link: https://www.econbiz.de/10013047751
The study assesses the role of globalization-fuelled regionalization policies on financial allocation efficiency in four economic and monetary regions in Africa for the period 1980 to 2008. Banking system and financial system efficiencies are used as dependent variables whereas seven bundled and...
Persistent link: https://www.econbiz.de/10011596326
The study assesses the role of globalization-fuelled regionalization policies on financial allocation efficiency in four economic and monetary regions in Africa for the period 1980 to 2008. Banking system and financial system efficiency proxies are used as dependent variables whereas seven...
Persistent link: https://www.econbiz.de/10012389140
This study assesses the role of globalization-fueled regionalization policies on the financial allocation efficiency of four economic and monetary regions in Africa from 1980 to 2008. Banking and financial system efficiency proxies are used as dependent variables and seven bundled and unbundled...
Persistent link: https://www.econbiz.de/10012602838