This paper examines the impact of monetary policy on the economic development by using annual time series data from 1989-2016. The unit root testing result suggests that all variables are stationary at first difference; therefore, the Johansen Cointegration and Error Correction Model has been...

This paper analyzes the asymmetrical relationship between financial development, energy consumption and economic growth in twenty-one (21) sub-Saharan African (SSA) countries from 1990Q1 to 2014Q4. We used the nonlinear autoregressive distributed lag (NARDL) framework and asymmetrical causality...