Monetary Policy and Equity Market Performance in Ghana, 2007-2024

Gabriel Osei Forkuo's dataset contains 216 monthly observations on monetary policy transmission and equity market performance in Ghana from January 2007 to December 2024. The data underpins a multi-method analysis using Bayesian Quantile Regression, VAR causality tests, and wavelet coherence. It accounts for structural breaks from the Global Financial Crisis, exchange rate crises, the COVID-19 pandemic, and sovereign debt crises.

Use Cases

• Modeling nonlinear monetary policy effects on equity returns based on the described quantile regression framework.
• Analyzing time-frequency relationships between policy shocks and market performance using the described wavelet coherence method.
• Testing for Granger causality between monetary policy and equity markets using the described Toda-Yamamoto VAR approach.
• Assessing the impact of specific economic crises on financial market dynamics based on the listed structural breaks.

Strengths

• Covers a significant 17-year period (2007-2024) with 216 monthly observations.
• Employs a multi-method analytical framework explicitly described, including Bayesian Quantile Regression and wavelet analysis.
• Explicitly accounts for four major structural breaks in the Ghanaian economy.

Limitations

• Column-level documentation is absent; field semantics must be inferred after download.
• Row count is unknown, which may limit suitability assessment.
• The 107.1 MB size suggests the primary files may be visual outputs (TIFF, PNG, SVG) rather than raw tabular data.

Provenance

Source

Gabriel Osei Forkuo via figshare.

Collection Method

Likely compiled from macroeconomic and financial market indicators for Ghana.

Time Range

January 2007 to December 2024.

Freshness

Last updated 2026-06-03 13:01:29; freshness should be verified.

Geography

Ghana.