This paper evaluates the monetary policy transmission and income inequality in Sub-Saharan Africa (SSA) countries. We find procyclical response of income inequality to unanticipated monetary easing in the last two decades. Countercyclical monetary measures may have been efficient, but they have...

The study utilized time series analysis models and employed the Johansen's cointegration procedure and the vector error correction model to examine the short run and long run dynamics of the relationship between interest rates and stock market returns. The results of this study show that...