Financial sector development and threshold effect of inflation in ECOWAS and SADC: A Panel smooth transition regression approach

Sulemana Mahawiya

No 539, Working Papers from Economic Research Southern Africa

Abstract: The financial sector of an economy is now widely agreed to constitute a potential important channel for growth. Many regions such as Sub-Saharan Africa, however, have relatively underdeveloped financial sector. Although several policy designs have been used to induce growth in the sector, there has been little or no success in the majority of the […]

Keywords: Africa; financial development; Inflation; Monetary Policy; Panel data; Political Union (search for similar items in EconPapers)
JEL-codes: G21 O16 (search for similar items in EconPapers)
Date: 2015-08-01
New Economics Papers: this item is included in nep-fdg
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