Central Bank Policies and Market Power Over the Business Cycle in Africa

dc.contributor.authorOfori-Sasu, D.
dc.contributor.authorAgbloyor, E.K.
dc.contributor.authorKuttu, S.
dc.contributor.authorAbor, J.Y.
dc.date.accessioned2024-05-24T12:13:17Z
dc.date.available2024-05-24T12:13:17Z
dc.date.issued2022
dc.descriptionResearch Articleen_US
dc.description.abstractThis 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 cycleen_US
dc.identifier.otherDOI: 10.1177/09726527221086492
dc.identifier.urihttp://ugspace.ug.edu.gh:8080/handle/123456789/41958
dc.language.isoenen_US
dc.publisherJournal of Emerging Market Financeen_US
dc.subjectCentral bank policiesen_US
dc.subjectbusiness cycleen_US
dc.subjectmarket poweren_US
dc.titleCentral Bank Policies and Market Power Over the Business Cycle in Africaen_US
dc.typeArticleen_US

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