文章基本信息

标题：Is Inflation a Threat on Financial Sector Performance?
其他标题：Is Inflation a Threat on Financial Sector Performance?
本地全文：下载
作者：Derick Taylor Adu ; Kingsley Osei Domfeh ; Elisha Kwaku Denkyirah 等
期刊名称：European Journal of Business and Management
印刷版ISSN：2222-2839
电子版ISSN：2222-2839
出版年度：2016
卷号：8
期号：33
页码：59-71
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：This study sought to assess the effect of inflation on financial sector performance by employing panel data from five Ghanaian banks with reference period from 2004 to 2013. Pooled, random effects and generalized method of moment (GMM) models were employed to estimate the effect of inflation on performance of the financial sector. The quadratic function was employed to estimate threshold beyond which it is detrimental to the performance of the financial sector. The study concludes that inflation in the Ghanaian economy will continue to have a positive effect on financial sector development unless it reaches a threshold of 15 percent. The study recommends a threshold level not above 15 percent of inflation to accelerate the development of the financial sector. Keywords: inflation, performance, financial sector, panel data, Ghana
关键词：inflation; performance; financial sector; panel data; Ghana