Series: IMF Working Papers
Author(s): Romain Houssa , Jolan Mohimont , and Christopher Otrok
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 25 February 2015
Keywords: Credit Shocks, Macroeconomic Stabilization Policies, Sign Restrictions, Bayesian VAR, credit, productivity, inflation, prices, exchange, Models with Panel Data
We examine the role of global and domestic shocks in driving macroeconomic fluctuations for Ghana. We are able to study the impact of exogenous shocks including productivity, credit supply, and commodity price shoc...