Does Money Matter for Inflation in Ghana?

Does Money Matter for Inflation in Ghana?
Money has only limited information value for future inflation in Ghana over a typical monetary policy implementation horizon (four to eight quarters). On the other hand, currency depreciation and demand pressures (as measured by the output gap) are shown to be important predictors of future price changes. Inflation inertia is high and inflation... READ MORE...

Publication date: November 2011
ISBN 9781463925291
$18.00

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