{"id":"https://openalex.org/W3163879965","doi":"https://doi.org/10.22004/ag.econ.334400","title":"Effect of Monetary Policy on Economic Growth in Ghana","display_name":"Effect of Monetary Policy on Economic Growth in Ghana","publication_year":2020,"publication_date":"2020-01-01","ids":{"openalex":"https://openalex.org/W3163879965","doi":"https://doi.org/10.22004/ag.econ.334400","mag":"3163879965"},"language":"en","primary_location":{"id":"pmh:oai:so01.tci-thaijo.org:article/240578","doi":null,"is_oa":true,"landing_page_url":"https://so01.tci-thaijo.org/index.php/AEJ/article/view/240578","pdf_url":"https://so01.tci-thaijo.org/index.php/AEJ/article/download/240578/165081","source":{"id":"https://openalex.org/S7407066582","display_name":"Asian Journal of Applied Economics","issn_l":"2985-1610","issn":["2985-1610"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["russia-white-list-4"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2985-1610","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://so01.tci-thaijo.org/index.php/AEJ/article/download/240578/165081","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5032921171","display_name":"Adamu Braimah Abille","orcid":"https://orcid.org/0000-0001-6623-1408","observed_orcids":["https://orcid.org/0000-0001-6623-1408"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Abille, Adamu Braimah","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5037189909","display_name":"Desmond Mbe\u2010Nyire Mpuure","orcid":"https://orcid.org/0000-0003-1425-1604","observed_orcids":["https://orcid.org/0000-0003-1425-1604"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Mpuure, Desmond Mbe-Nyire","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.088,"has_fulltext":true,"cited_by_count":13,"citation_normalized_percentile":{"value":0.92730302,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":87,"max":98},"biblio":{"volume":"27","issue":"2","first_page":"110","last_page":"124"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13399","display_name":"Unemployment and Economic Growth","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":1.0},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":1.0},{"id":"https://openalex.org/keywords/money-supply","display_name":"money supply","score":0.9660000205039978},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.9980000257492065},{"id":"https://openalex.org/keywords/loan-interest-rates","display_name":"loan interest rates","score":0.9580000042915344},{"id":"https://openalex.org/keywords/ghanaian-economy","display_name":"Ghanaian economy","score":0.7799999713897705},{"id":"https://openalex.org/keywords/long-run-and-short-run-effects","display_name":"short-run and long-run effects","score":0.8029999732971191},{"id":"https://openalex.org/keywords/cointegration","display_name":"cointegration","score":0.6290000081062317}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8805749416351318},{"id":"https://openalex.org/C145162277","wikidata":"https://www.wikidata.org/wiki/Q1751675","display_name":"Cointegration","level":2,"score":0.8246644735336304},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.7121666669845581},{"id":"https://openalex.org/C204208750","wikidata":"https://www.wikidata.org/wiki/Q1519415","display_name":"Short run","level":2,"score":0.685296356678009},{"id":"https://openalex.org/C2779971977","wikidata":"https://www.wikidata.org/wiki/Q842206","display_name":"Money supply","level":3,"score":0.6434113383293152},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.6316409111022949},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6213614344596863},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.4596059322357178},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.4492734670639038},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.29605409502983093},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.06664243340492249},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0}],"mesh":[],"locations_count":6,"locations":[{"id":"pmh:oai:so01.tci-thaijo.org:article/240578","doi":null,"is_oa":true,"landing_page_url":"https://so01.tci-thaijo.org/index.php/AEJ/article/view/240578","pdf_url":"https://so01.tci-thaijo.org/index.php/AEJ/article/download/240578/165081","source":{"id":"https://openalex.org/S7407066582","display_name":"Asian Journal of Applied Economics","issn_l":"2985-1610","issn":["2985-1610"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["russia-white-list-4"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2985-1610","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:ags:thkase:334400","doi":null,"is_oa":false,"landing_page_url":"https://ageconsearch.umn.edu/record/334400/files/31.Vol27Issue2_p110-124.pdf","pdf_url":"https://ageconsearch.umn.edu/record/334400/files/31.Vol27Issue2_p110-124.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:3163879965","doi":null,"is_oa":false,"landing_page_url":"https://avesis.ogu.edu.tr/yayin/82c4cee4-e32b-4388-8968-400c2b598257/effect-of-monetary-policy-on-economic-growth-in-ghana","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Applied Economics","raw_type":null},{"id":"pmh:oai:ageconsearch.umn.edu:334400","doi":null,"is_oa":false,"landing_page_url":"http://ageconsearch.umn.edu/record/334400","pdf_url":null,"source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://ageconsearch.umn.edu/record/334400","raw_type":"Text"},{"id":"pmh:oai:RePEc:ris:apecjn:0047","doi":null,"is_oa":false,"landing_page_url":"https://so01.tci-thaijo.org/index.php/AEJ/article/view/240578/165081","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"doi:10.22004/ag.econ.334400","doi":"https://doi.org/10.22004/ag.econ.334400","is_oa":true,"landing_page_url":"https://doi.org/10.22004/ag.econ.334400","pdf_url":null,"source":{"id":"https://openalex.org/S4306401616","display_name":"AgEcon Search (University of Minnesota, USA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210120349","host_organization_name":"University of Minnesota Rochester","host_organization_lineage":["https://openalex.org/I4210120349"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Other"}],"best_oa_location":{"id":"pmh:oai:so01.tci-thaijo.org:article/240578","doi":null,"is_oa":true,"landing_page_url":"https://so01.tci-thaijo.org/index.php/AEJ/article/view/240578","pdf_url":"https://so01.tci-thaijo.org/index.php/AEJ/article/download/240578/165081","source":{"id":"https://openalex.org/S7407066582","display_name":"Asian Journal of Applied Economics","issn_l":"2985-1610","issn":["2985-1610"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["russia-white-list-4"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2985-1610","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","score":0.48510000109672546,"display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3163879965.pdf","grobid_xml":"https://content.openalex.org/works/W3163879965.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3199720521","https://openalex.org/W2921326903","https://openalex.org/W2889319217","https://openalex.org/W6920583474","https://openalex.org/W4220811200","https://openalex.org/W2065562707","https://openalex.org/W7045661428","https://openalex.org/W2981643165","https://openalex.org/W2971732270","https://openalex.org/W3087448475"],"abstract_inverted_index":{"This":[0],"paper":[1],"seeks":[2],"to":[3,29,57,111,159,187,205,208],"examine":[4],"the":[5,16,34,37,44,48,61,66,71,77,91,102,120,131,136,139,175,182,195],"role":[6],"of":[7,68,138],"monetary":[8],"policy":[9],"as":[10,47,80,162],"an":[11,113],"instrument":[12],"for":[13,203],"growth":[14,32,87,100,118,129,171],"in":[15,36,88,90,101,119,130,150,174,181,201],"Ghanaian":[17],"economy.":[18],"The":[19,50,63,73,105],"study":[20],"was":[21,33,55,109],"conducted":[22],"based":[23],"on":[24,86,99,117,128,135,169],"yearly":[25],"data":[26],"from":[27],"1983":[28],"2017.":[30],"Economic":[31],"regressand":[35],"study,":[38],"with":[39],"money":[40,78,146],"supply,":[41],"inflation,":[42,161],"and":[43],"lending":[45,106,196],"rate":[46,107,197],"regressors.":[49],"ARDL":[51],"bounds":[52],"test":[53],"technique":[54],"employed":[56],"investigate":[58],"cointegration":[59,69],"among":[60,70],"variables.":[62,72],"results":[64,74],"confirmed":[65],"presence":[67],"also":[75],"showed":[76],"supply":[79,147],"having":[81],"a":[82,95,124,152,165],"significant":[83,96,125,166],"positive":[84,126],"effect":[85,98,116,127],"Ghana":[89],"long":[92,121,183],"run":[93,122,184],"but":[94,123],"negative":[97,115,167],"short":[103,132,176],"run.":[104,133],"however,":[108],"found":[110],"have":[112],"insignificant":[114],"Therefore,":[134],"basis":[137],"research":[140],"findings,":[141],"it":[142,155],"is":[143,185,191],"recommended":[144,193],"that":[145,154,194],"be":[148,198,206],"regulated":[149],"such":[151],"way":[153],"does":[156],"not":[157],"lead":[158],"uncontrollable":[160],"inflation":[163,180],"has":[164],"impact":[168],"economic":[170,188,210],"at":[172],"least":[173],"run,":[177],"while":[178],"persistent":[179],"inimical":[186],"growth.":[189,211],"It":[190],"further":[192],"managed":[199],"properly":[200],"order":[202],"investment":[204],"accelerated":[207],"boost":[209]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2021-05-24T00:00:00"}
