Archives: Staff Working Papers and Policy Briefs

The issue of Bank interest spreads in Ghana has generated considerable public debate recently as the gains of the macro...

Finding numerical measures of the size and speed of exchange rate pass-through to domestic prices is important for monetary policy...

The high acclaim of the term structure theory among policymakers in both developed and developing economies stems from the increased...

The rising importance of the financial sector in the economic development of developing countries, as well as the rapid rate...

Prior to the advent of the economic recovery program, Ghana’s exchange rate policy had involved the maintenance of a fixed...

Economic policy requires a high degree of foresight because policy actions typically take effect only after a long lag. In...

Under a market-based exchange rate regime, the characterization of foreign exchange market conditions is important information for domestic monetary policy...

A successful implementation of any monetary policy regime requires an accurate and informed assessment of how fast the effects of...

The forward-looking aspect of monetary policy requires that monetary authorities have a knowledge of where macroeconomic variables, such asinflation and...

This paper explores the relationship between monetary growth, exchange rates and inflation in Ghana. It must be noted from the...