Inflation appears to be the macro-problem in Ghana for which no antidote has been found under the economic recovery programme. It is possible that either a wrong diagnosis has been made of the problem, or that certain factors within the economy are preventing inflation from staying within target levels. Using an error-correction model (ECM), the paper estimates an inflation equation for Ghana.
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Paper provided by African Economic Research Consortium in its series Papers with number
43.
Find related papers by JEL classification: E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data) E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation O50 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - General O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa
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