While autonomous central banks in large open economies are usually predisposed to use monetary rules to target inflation, output, and long-term interest rates, central banks in small open economies face peculiar challenges in their attempts to attain and maintain liquidity, stable prices and...

This paper examines the relationship between exchange rate and trade balance in determining whether the J-Curve phenomenon hold in the short and long-run for Sierra Leone during the period 2002Q2 – 2019Q4. The econometric technique commenced with an assessment of unit root to ascertain the...