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Has Inflation Targeting Strategy Made A Difference in Ghanaian Macroeconomic Management? Analysis of Business Cycle Fluctuations and Econometric Estimates

Akosah, Nana Kwame; Paul Alagidede, Imhotep; Schaling, Eric - 2020

economic growth momentum has boosted in Ghana. This paper investigates the relative macroeconomic benefits of the IT strategy … in Ghana based on business cycle fluctuations and several standard econometric techniques that capture other salient … management in Ghana by reducing average inflation rate, boosting average growth rate and dampening the cyclical oscillations in …

Persistent link: https://www.econbiz.de/10014093032

Implicit estimates of the natural and cyclical components of Japan's real GNP

Nelson, Charles R. - In: Monetary and economic studies 7 (1989) 2, pp. 73-91

Persistent link: https://www.econbiz.de/10001069423

Financial conditions and economic activity : the potential impact of the targeted long-term refinancing operations (TLTROs)

Balfoussia, Hiona; Gibson, Heather D. - In: Applied economics letters 23 (2016) 4/6, pp. 449-456

Persistent link: https://www.econbiz.de/10011430778

Great recession, slow recovery and muted fiscal policies in the US

Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016

This paper reconsiders the role of macroeconomic shocks and policies in determining the Great Recession and the subsequent recovery in the US. The Great Recession was mainly caused by a large demand shock and by the ZLB on the interest rate policy. In contrast with previous findings, the...

Persistent link: https://www.econbiz.de/10011434680

A pro-cyclical stock market under a countercyclical monetary policy in a model of endogenous business cycles

Yanovski, Boyan - 2016

During the last 25 years, the stock market in the US has been strongly pro-cyclical in the presence of a counter-cyclical monetary policy. In this paper, we use an endogenous business cycle model to explore the factors contributing to a pro-cyclical stock market. A dynamic expectation structure...

Persistent link: https://www.econbiz.de/10011436478