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This paper examines the nexus between financial development and economic growth in Ghana between 1970 and 2020. The study adopted the Bayesian Model Averaging (BMA) techniques to address issues of model uncertainty due to many potential explanatory variables that could influence growth. The...
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Inflation is defined as an increase in the general price level of goods and services within a period of time. For any economic agent to formulate policy, it must taken into consideration inflation and the aim of this study is to use ARIMA model to predict inflation in Ghana. In order to fulfill...
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The struggle to reduce cyclical unemployment by Sub-Saharan African countries is as a result of their inability to integrate fiscal policies into macroeconomic goals and establish independent, well-resourced bodies to manage borrowed funds. We examine the dynamic relationship between external...
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The UN Development Goal No.5 urges the achievement of gender equality and empowerment of women by 2030. The fight for gender parity and female empowerment in Africa has seen some successes. Despite this, changes in Ghana's educational system have not dispelled the widespread belief that men are...
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Understanding private saving behavior of the citizenry is crucial for informed policy decisions in an economy. The reason is not far-fetched; economies gain sustained growth from investment through a positive saving culture. However, much of the available literature is on aggregate savings rather...
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To maintain financial stability, banks need to recognize, assess, and mitigate potential losses, thus making risk control critical for long-term profitability as well as avoiding unexpected losses. This research examines the risk mitigating factors and performance of Ghanaian domestic banks in...
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