Central Bank Policies and Market Power Over the Business Cycle in Africa
dc.contributor.author | Ofori-Sasu, D. | |
dc.contributor.author | Agbloyor, E.K. | |
dc.contributor.author | Kuttu, S. | |
dc.contributor.author | Abor, J.Y. | |
dc.date.accessioned | 2024-05-24T12:13:17Z | |
dc.date.available | 2024-05-24T12:13:17Z | |
dc.date.issued | 2022 | |
dc.description | Research Article | en_US |
dc.description.abstract | This article empirically examines the impact of the business cycle on the relationship between individual central bank policies and market power. We present a representative sample of 52 African economies over the period 2006–2018. We find that monetary, macro-prudential and central bank independence policies increase market power. The study found that, in the long run, market power reacts positively to changes or adjustments made to a central bank policy framework. We show that the individual central bank’s policy framework increases market power. when interacted with business cycle | en_US |
dc.identifier.other | DOI: 10.1177/09726527221086492 | |
dc.identifier.uri | http://ugspace.ug.edu.gh:8080/handle/123456789/41958 | |
dc.language.iso | en | en_US |
dc.publisher | Journal of Emerging Market Finance | en_US |
dc.subject | Central bank policies | en_US |
dc.subject | business cycle | en_US |
dc.subject | market power | en_US |
dc.title | Central Bank Policies and Market Power Over the Business Cycle in Africa | en_US |
dc.type | Article | en_US |
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