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countries and Swedish financial sector over the sample period 2000-2011. Johansen method of multivariate cointegration is … utilized to determine long-run relationship, while Impulse response functions and Granger causality analyses, based on Error … state stock market indices. In the short-run, the impulse response functions and Granger causality analyses indicate that …
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and South Africa. Moreover, long-run causality from financial development and economic growth to trade openness is found … for Ghana. In the short-run, there is evidence of causality from growth to financial development for Ghana, from trade …
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This study strengthens the frontiers of research on the drivers of dollarization in emerging economies by exploring the case of Ghana using the autoregressive distributed lag modelling framework. The data for the study spanned from January 2002 to March 2016. The evidence suggests that...
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Basic information on the organization, operation, and growth of the financial system helps the students and early career researchers to gain better insights and understanding of the subject. The purpose of this paper is to compile the concepts, terminologies, and definitions – used in the...
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