- Collection:
- Atlanta University and Clark Atlanta University Theses and Dissertations
- Title:
- The impacts of money supply on economic growth, the case of Ghana, 1980-1922, 1995
- Creator:
- Fiadzo, Emmanuel D.
- Date of Original:
- 1995-05-01
- Subject:
- Degrees, Academic
Dissertations, Academic - Location:
- United States, Georgia, Fulton County, Atlanta, 33.749, -84.38798
- Medium:
- theses
- Type:
- Text
- Format:
- application/pdf
- Description:
- Economists such as Ghanadian (1985), Ficher (1988), Barro (1977) and Al-Saji (1990) have studied the impact of money supply growth on economic growth and drew implications for monetary policy based on the results of their research . However, there is disagrement among economists as to the direction of causality between money growth and economic growth because, key economic indicators in different countries respond differently to increased money supply due to their unique economic conditions.Given the importance of this topic and its monetary implications, there is very little, if any, empirical work done to determine the impact of money supply growth on economic growth on African countries. Hence, this research employed the Simultaneous Transfer Function (STF) model to determine the impact of money supply growth on economic growth in Ghana under the structural adjustment regime. The results of the empirical model showed no significant impact of money supply growth on economic growth for the period under consideration (1980-1992).
- External Identifiers:
- Metadata URL:
- http://hdl.handle.net/20.500.12322/cau.td:1995_fiadzo_emmanuel_d
- Rights Holder:
- Clark Atlanta University
- Holding Institution:
- Atlanta University Center Robert W. Woodruff Library
- Rights:
-
