Zobrazit minimální záznam

dc.contributor.authorMahmud, Anyars
dc.contributor.authorAkuoko-Konadu, Emmanuel
dc.date.accessioned2023-12-11T01:03:24Z
dc.date.available2023-12-11T01:03:24Z
dc.date.issued2023
dc.identifier.issn2300-5947 Sherpa/RoMEO, JCR
dc.identifier.urihttps://repozitar.mendelu.cz/xmlui/handle/20.500.12698/1810
dc.description.abstractThis paper explores the effectiveness of monetary policy rate as a tool to tame Inflation in sub-Saharans Africa using the systems GMM and other econometric approaches. Financial data (unconsolidated) from Orbis for the period 2011-2018 was used for the purpose of this study. We find that expected Inflation, GDP growth rate, unemployment, Exchange rate, broad money supply, and policy rate significantly influence the inflation rate in SSA. To the margin that the monetary policy rate has the most substantial impact on Inflation in the region and that re-evaluating monetary policy design could help control Inflation. The paper concludes that the credibility and accountability of the monetary policy authorities should be improved by setting targets appropriate to their institutional capacity and meeting them.en
dc.format165-177
dc.publisherUniversity of Dąbrowa Górnicza
dc.relation.ispartofForum Scientiae Oeconomia
dc.relation.urihttps://doi.org/10.23762/FSO_VOL11_NO1_9
dc.rightsCC BY-SA 4.0
dc.rights.urihttps://creativecommons.org/licenses/by-sa/4.0/
dc.subjectmonetary policy rateen
dc.subjectGMMen
dc.subjectinflationen
dc.subjectsub-Saharan Africaen
dc.titleHas Policy Rate Been an Effective Tool in Taming Inflation?en
dc.typeJ_ČLÁNEK
dc.date.updated2023-12-11T01:03:24Z
dc.description.versionOA
local.identifier.doi10.23762/FSO_VOL11_NO1_9
local.identifier.scopus2-s2.0-85153598977
local.number1
local.volume11
local.identifier.obd43924810
local.identifier.e-issn2353-4435
local.contributor.affiliationPEF


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Zobrazit minimální záznam

CC BY-SA 4.0
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