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the associations of growth level, growth volatility, shocks, institutions, and macroeconomic fundamentals have changed in …, including global growth, global oil prices, and global financial volatility. After accounting for the effects global shocks, we … rate flexibility, education attainment, and lack of political polarization reduce the volatility of economic growth …
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based on the features of the Ghanaian Economy. We then examined the persistent effects of world oil price and monetary … policy shocks (money supply-interest rate induced) on economic growth in Ghana. We realized that, a shock on interest rate … paradoxical effect of a negative interest rate on total money supply. We also showed that a positive output shock has the same …
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burden and may also amplify the volatility of GDP growth rates. This can be particularly true when we consider a currency … investigate the relationships between i) real GDP per capita growth and debt, and ii) GDP growth volatility and debt, and to … linked negatively to economic growth and positively to growth volatility. Some policy implications arise, such as the need to …
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empirically revisit the traditional financial development proxies relationship with economic growth after world's second greatest …
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