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The study is to assess the relationships among the foreign exchange market, money market, and stock market in Ghana extending from January 2000 to March 2015, using the Autoregressive Distributed Lag framework and error correction methodology. The results indicate that there is a long-run...
Persistent link: https://www.econbiz.de/10012955773
This paper employs the cointegration and Vector Error Correction (VEC) methodology to explore exchange rate modeling in Ghana, by considering the interactions between the goods and capital assets market, using monthly data spanning from January 1997 to December 2007. The empirical evidence...
Persistent link: https://www.econbiz.de/10013153088
Persistent link: https://www.econbiz.de/10011588550
This study strengthens the frontiers of research on the drivers of dollarization in emerging economies by exploring the case of Ghana using the autoregressive distributed lag modelling framework. The data for the study spanned from January 2002 to March 2016. The evidence suggests that...
Persistent link: https://www.econbiz.de/10014232353
We estimate a Vector Error Correction Model to explore the long run and short run linkages between the world crude oil price and economic activity in Ghana for the period 1970:1 to 2006:4. The results point out that there is a long run relationship between the variables under consideration. We...
Persistent link: https://www.econbiz.de/10012722431