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Monetary Policy Transmission in Ghana

Monetary Policy Transmission in Ghana »

Source: Monetary Policy Transmission in Ghana : Does the Interest Rate Channel Work?

Volume/Issue: 2011/275

Series: IMF Working Papers

Author(s): Arto Kovanen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2011

ISBN: 9781463925314

Keywords: monetary policy transmission, interest rates, monetary policy, central bank, inflation, money market, Money And Interest Rates,

This paper analyzes interest rate pass-through in Ghana. Time series and bank-specific data are utilized to highlight linkages between policy, wholesale market, and retail market interest rates. Our analysis shows...