Archives: Staff Working Papers and Policy Briefs

This paper examines the sensitivity of the Ghanaian economy to external demand, supply and financial conditions using a Bayesian Vector...

This paper reviews issues associated with the choice of the current policy framework in Ghana, in particular, focusing on the...

This study examines the sustainability of fiscal policy in Ghana by exploring government’s reaction to rising public debt accumulation via...

In this paper, we estimate the pass-through impact of exchange rate movements on domestic prices between January 1994 and December...

Fiscal policy involves the use of government expenditure and taxation to influence the level and direction of economic activity in...

Foreign Direct Investment (FDI) constitutes a major source of financing and provides the much needed capital to expand economic opportunities...

In sub-Saharan Africa, private capital flows constitutes a major source of capital to meet financing requirements aimed at economic expansion.

In July 2007, the Cedi was re-denominated by removing four (4) zeros such that the ¢10,000 note was made equivalent...

This study examines the causal links between revenues and expenditures of Ghana over the period 1983 to 2007 within the...