Showing 1 - 8 of 8
This paper explores the Economic Theory of Inflation, meticulously progressing from fundamental concepts to intricate mathematical models. Investigating causes and consequences, the study draws on pertinent economic theories and empirical evidence. Key findings elucidate the multifaceted nature...
Persistent link: https://www.econbiz.de/10014447589
This study examines the duality of the exchange rate market in Sierra Leone, delving into the distinct impacts of the official and parallel exchange rates (between the Leone and the United States Dollar) on inflation. Employing the Autoregressive Distributed Lag (ARDL) approach and utilizing...
Persistent link: https://www.econbiz.de/10014502970
This paper examines the determinants of inflation in Sierra Leone using monthly time series data from 2010M1 to 2021M12, with the application of the ARDL model. The emphasis of the empirical study as outlined in the objectives is to examine both supply-side and demand-side pressure as observed...
Persistent link: https://www.econbiz.de/10014356513
In this paper, the researchers have developed a short term inflation forecasting (STIF) model using Box-Jenkins time series approach (ARIMA) for analysing inflation and associated risks in Sierra Leone. The model is aided with fan charts for all thirteen components, including the Headline CPI as...
Persistent link: https://www.econbiz.de/10012861625
Persistent link: https://www.econbiz.de/10012176417
While autonomous central banks in large open economies are usually predisposed to use monetary rules to target inflation, output, and long-term interest rates, central banks in small open economies face peculiar challenges in their attempts to attain and maintain liquidity, stable prices and...
Persistent link: https://www.econbiz.de/10012288324
This study was initiated with the intention of examining the impact of exchange rate and inflation on the performance of commercial banks in Sierra Leone. The study utilises data for all commercial banks in Sierra Leone during the period 2009Q1-2020Q2. To measure the performance of commercial...
Persistent link: https://www.econbiz.de/10013321863
This study delves into the repercussions of fiscal policies, particularly those marked by high expenditure financed by monetary means, on key macroeconomic indicators in Sierra Leone. Employing a Dynamic Stochastic General Equilibrium (DSGE) model, the analysis illuminates how shocks in one...
Persistent link: https://www.econbiz.de/10014513766