Does informal banking influence monetary policy transmission? Some empirical evidence for Ghana

Author(s):  
Richard Kwabi Ayisi

This chapter aims to provide additional empirical evidence on monetary policy transmission mechanism in Romania over the period 2001 to 2012 based on a BVAR analysis with a KoKo Minnesota/Litterman prior. The importance of the central bank is rising in Romania considering its main attribution to control the interest rate in accordance with its objectives. The empirical evidence provides a significant contribution to literature taking into account the characteristics of the selected emerging country, i.e. Romania, a former communist country in Central and Eastern Europe.


SAGE Open ◽  
2018 ◽  
Vol 8 (2) ◽  
pp. 215824401876936 ◽  
Author(s):  
Hillary Chijindu Ezeaku ◽  
Imo Godwin Ibe ◽  
Uche Boniface Ugwuanyi ◽  
N. J. Modebe ◽  
Emmanuel Kalu Agbaeze

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