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PUBLIC SECTOR WAGE AND INFLATION IN GHANA
Article published in the Asian Economic and Financial Review, 2017, found at DOI: 10.18488/journal.aefr.2017.76.561.572
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Asian Economic and Financial Review
2018
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| _version_ | 1867613138996690944 |
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| access_status_str | Open Access |
| author | Ofori-Abebrese, Grace Walanyo Azumah, George Kwesi Pickson, Robert Becker |
| author_browse | Ofori-Abebrese, Grace Pickson, Robert Becker Walanyo Azumah, George Kwesi |
| author_facet | Ofori-Abebrese, Grace Walanyo Azumah, George Kwesi Pickson, Robert Becker |
| author_sort | Ofori-Abebrese, Grace |
| collection | Thesis |
| description | Article published in the Asian Economic and Financial Review, 2017, found at DOI: 10.18488/journal.aefr.2017.76.561.572 |
| format | Article |
| id | oai:ir.knust.edu.gh:123456789/11258 |
| institution | KNUST (Ghana) |
| language | English |
| last_indexed | 2026-06-10T12:31:23.640Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana) |
| publishDate | 2018 |
| publishDateRange | 2018 |
| publishDateSort | 2018 |
| publisher | Asian Economic and Financial Review |
| publisherStr | Asian Economic and Financial Review |
| record_format | dspace |
| source_str | KNUSTSpace — Kwame Nkrumah University of Science & Technology (Ghana) |
| spelling | oai:ir.knust.edu.gh:123456789/11258 PUBLIC SECTOR WAGE AND INFLATION IN GHANA Ofori-Abebrese, Grace Walanyo Azumah, George Kwesi Pickson, Robert Becker Public wage bill Inflation Exchange rate Government fiscal deficit Public wage bill InflatMoney supply Interest rate. Article published in the Asian Economic and Financial Review, 2017, found at DOI: 10.18488/journal.aefr.2017.76.561.572 Achieving price stability has been in the orbit of concern of state authorities for time immemorial. This paper is therefore focused on determining empirically the impact of public wage bill on inflation in Ghana for the period of 1986-2014. Using an Autoregressive Distributed Lag (ARDL) to cointegration model, it was discovered from the study that public wage bill, currency depreciation rate, money supply, and fiscal deficit all have significant impact on inflation in Ghana. The outcome of this study postulates that the rate of inflation determination in Ghana is also a fiscal phenomenon in spite of the significant and domineering role played by monetary expansion. Consequently, equal attention must be accorded both fiscal and monetary policy in the fight against the rate of inflation in Ghana for appreciable and sustained result. KNUST 2018-06-04T11:49:12Z 2023-04-19T00:35:43Z 2018-06-04T11:49:12Z 2023-04-19T00:35:43Z 2017-04-10 Article Asian Economic and Financial Review Vol. 7, No. 6, 561-572. 2305-2147 https://ir.knust.edu.gh/handle/123456789/11258 en application/pdf Asian Economic and Financial Review |
| spellingShingle | Public wage bill Inflation Exchange rate Government fiscal deficit Public wage bill InflatMoney supply Interest rate. Ofori-Abebrese, Grace Walanyo Azumah, George Kwesi Pickson, Robert Becker PUBLIC SECTOR WAGE AND INFLATION IN GHANA |
| title | PUBLIC SECTOR WAGE AND INFLATION IN GHANA |
| title_full | PUBLIC SECTOR WAGE AND INFLATION IN GHANA |
| title_fullStr | PUBLIC SECTOR WAGE AND INFLATION IN GHANA |
| title_full_unstemmed | PUBLIC SECTOR WAGE AND INFLATION IN GHANA |
| title_short | PUBLIC SECTOR WAGE AND INFLATION IN GHANA |
| title_sort | public sector wage and inflation in ghana |
| topic | Public wage bill Inflation Exchange rate Government fiscal deficit Public wage bill InflatMoney supply Interest rate. |
| url | https://ir.knust.edu.gh/handle/123456789/11258 |
| work_keys_str_mv | AT oforiabebresegrace publicsectorwageandinflationinghana AT walanyoazumahgeorgekwesi publicsectorwageandinflationinghana AT picksonrobertbecker publicsectorwageandinflationinghana |