Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/187994 
Year of Publication: 
2009
Citation: 
[Journal:] Pakistan Journal of Commerce and Social Sciences (PJCSS) [ISSN:] 2309-8619 [Volume:] 3 [Publisher:] Johar Education Society, Pakistan (JESPK) [Place:] Lahore [Year:] 2009 [Pages:] 35-48
Publisher: 
Johar Education Society, Pakistan (JESPK), Lahore
Abstract: 
This paper attempts to examine the link between nominal devaluation and real devaluation with special reference to Ghana. To find this relationship, we have employed some sophisticated tests such as ADF, P-P & Ng-Perron unit root tests; ARDL Bounds Testing, and DOLS test for the long run correlation. The findings of the study suggest that nominal devaluation leads to real devaluation both in the long run and in the short run in the case of Ghana.
Subjects: 
Nominal devaluation
real devaluation
Inflation
exchange rate regime
Ghana
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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