This study develops and estimates a standard New-Keynesian DSGE model for the
Ghanaian economy, for the analysis of the impacts of fiscal policy shocks on key …

This paper investigates the effects of fiscal impulses on macroeconomic variables within a
New-Keynesian DSGE framework featuring an informal economy that allows for the …

This paper aims to theoretically investigate how the presence of heterogeneous
consumption behaviors, namely hand-to-mouth (HtM) and habit formation (HF), affects the …

Despite the increasing application of DSGE and RBC models to Sub-Saharan African (SSA)
economies, questions persist about their alignment with empirical evidence for these …

The present study investigated the effectiveness of monetary policy and its consequences
for financially included and excluded households using a calibrated new Keynesian …

Exogenous shocks of demand and productivity tend to influence the direction of Monetary
Policy. For instance, the global financial crises in 2009 and the COVID-19 pandemic in 2020 …

This study examined the effect of financial inclusion on monetary policy fundamentals in
Nigeria. Specifically, this study determined the effect of commercial banks savings deposit …