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This paper investigates heterogeneity in residential property yields using rental and sale listings from the largest German internet real estate platform. Equipped with property-level rent-to-price ratios obtained via matching properties for sale and for rent, we show that they strongly co-move...
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This paper examines the effect of interest rates on exchange rate volatilities in Ghana. It utilizes the Quarterly Time …'s policy rate, and the Ghana Stock Exchange composite index. However, in the short-run model, exchange rate volatility was …
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The wide interest rate spread has been a matter of concern for many developing economies. In Ghana, the perception is … examines the effect of banking sector reforms on bank interest rate spread in Ghana over the period 2008-2020, using an … product, and inflation rate significantly influence Ghana's bank interest rate spread. Results also suggest that these factors …
Persistent link: https://www.econbiz.de/10014500635
This paper revisits the exchange rate and interest rate differential relationship since Ghana adopted the inflation … targeting regime. Using macro-data spanning 2002 to 2019 for Ghana and the United States, we show the nonexistence of the … significant response of exchange rate to interest rate differential shocks. We recommend that the Bank of Ghana address perennial …
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