Agdeyegbe, T. D., (2009). “On the feasibility of a monetary union in the Southern Africa development communityâ€. International Journal of Finance and Economics, 13(2), pp. 150– 157.
Akinlo, A. E., (2006) “The stability of money demand in Nigeria: An autoregressive distributed lag approachâ€. Journal of Policy Modelling, 28(4), pp. 445-452.
Amponsah, S., (2017). “The Impacts of Improvements in the Delivery of Credit from Formal and Semi-Formal Financial Institutions: Evidence from Ghana,†Journal of African Development, 19(2), pp. 33-66.
Anoruo, E., (2002) “Stability of the Nigerian M2 money demand function in the SAP periodâ€, Economics Bulletin, 14 (3), pp. 1-9.
Asongu, S. A., (2013). “Real and Monetary Policy Convergence: EMU Crisis to the CFA Zoneâ€. Journal of Financial Economic Policy, 5(1), pp. 20-38.
Asongu, S. A., & Odhiambo, N. M., (2019). “Challenges of Doing Business in Africa: A Systematic Reviewâ€, Journal of African Business. DOI: 10.1080/15228916.2019.1582294 Asongu, S., Raheem, I., & Tchamyou, V., (2018). “Information asymmetry and financial dollarization in sub-Saharan Africaâ€, African Journal of Economic and Management Studies, 9(2), pp.231-249.
Asongu, S. A., Batuo, E., Nwachukwu, J. C., & Tchamyou, V. S., (2018a). “Is information diffusion a threat to market power for financial access? Insights from the African banking industryâ€, Journal of Multinational Financial Management, 45(June), pp. 88-104.
Asongu, S. A., Folarin, O., & Biekpe, N., (2019). “The Long Run Stability of Money Demand in the Proposed West African Monetary Unionâ€, Research in International Business and Finance, 48(April), pp. 483-495.
Asongu, S. A., Nwachukwu, J. C., & Tchamyou, V. S., (2017). “A literature survey on the proposed African Monetary Unionsâ€, Journal of Economic Surveys, 31(3), pp. 878–902.
Awdeh, A., & Hamadi, H., (2019). “Factors hindering economic development: evidence from the MENA countriesâ€, International Journal of Emerging Markets, 14(2), pp. 281-299, Bahmani-Oskooee, M., & Gelan, A., (2009) “How stable is the demand for money in African countries?â€, Journal of Economic Studies, 36(3), pp. 216-235.
Bahmani-Oskooee, M., & Rehman, H., (2005) “Stability of the money demand function in Asian developing countriesâ€, Applied Economics, 37(7), pp. 773-792.
Bangaké, C., (2008). “Exchange Rate Volatility and Optimum Currency Area: Evidence from Africaâ€, Economics Bulletin, 6(12), pp. 1-10.
Barnett, W. A. & Gaekwad, N. B., (2018). “The Demand for Money for EMU: a Flexible Functional Form Approachâ€, Open Economies Review, 29(2), pp. 353-371.
- Barros, C.P., Faria, Joao R. & Gil-Alana, Luis A. (2016). “The demand for money in Angolaâ€, Journal of Economics and Finance, 41(2), pp. 408-420.
Paper not yet in RePEc: Add citation now
Bayraktar, N, & Fofack, H., (2018). “A Model for Gender Analysis with Informal Production and Financial Sectors, Journal of African Development, 20(2), pp. 1-20.
Boadi, I., Dana, L. P., Mertens, G., & Mensah, L., (2017). “SMEs’ Financing and Banks’ Profitability: A “Good Date†for Banks in Ghana?â€, Journal of African Business, 17(2), pp. 257-277.
Boamah, C., (2017). “In Search of New Development Financing Models: Keynote address at the African Development Bank/African Finance and Economic,†Journal of African Development, 19(2), pp. 111-114.
Boateng, A., Asongu, S. A., Akamavi, R., & Tchamyou, V. S., (2018). “Information Asymmetry and Market Power in the African Banking Industryâ€, Journal of Multinational Financial Management, 44(March), pp. 69-83.
- Bocher, F. T., Alemu, B. A., & Kelbore, Z. G., (2017). “Does access to credit improve household welfare? Evidence from Ethiopia using endogenous regime switching regressionâ€, African Journal of Economic and Management Studies, 8(1), pp. 51-65.
Paper not yet in RePEc: Add citation now
Bokpin, G. A., Ackah, C., & Kunawotor, M. E., (2018). “Financial Access and Firm Productivity in Sub-Saharan Africa, Journal of African Business, 19(2), pp. 210-226.
- Brown, R.L., Durbin, J., & Evans, J.M., (1975) “Techniques for testing the constancy of regression relations over timeâ€, Journal of the Royal Statistical Society, 37(2), pp. 149–192.
Paper not yet in RePEc: Add citation now
Carstensen, K., Hagen, J., Hossfeld, O. & Neaves, A.S. (2009). “Money demand stability and inflation prediction in the four largest EMU countries. Scottish Journal of Political Economy, 56(1), pp. 73-93.
Cavoli, T. & Rajan, R.S., (2008). “Open economy inflation targeting arrangements and monetary policy rules. Application to Indiaâ€, Indian Growth and Development Review, 1(2), pp. 237-251.
Chaisrisawatsuk, S., Sharma, S. C., & Chowdhury, A. R., (2004) “Money demand stability under currency substitution: some recent evidenceâ€, Applied Financial Economics, 14(1), pp. 19-27.
- Chapoto, T., & Aboagye, A. Q. Q., (2017). “African innovations in harnessing farmer assets as collateralâ€, African Journal of Economic and Management Studies, 8(1), pp. 6675.
Paper not yet in RePEc: Add citation now
- Chikalipah, S., (2017). “What determines financial inclusion in Sub-Saharan Africa?†African Journal of Economic and Management Studies, 8(1), pp. 8-18.
Paper not yet in RePEc: Add citation now
Cristadoro, R. & Veronese, G., (2011). “Monetary policy in India: is something amiss?â€, Indian Growth and Development Review, 4(2), pp. 166-192.
Dafe, F., Essers, D., & Volz, U., (2018). “Localising sovereign debt: The rise of local currency bond markets in subâ€Saharan Africaâ€. The World Economy, DOI: 10.1111/twec.12624.
- Daniel, A., (2017). “Introduction to the financial services in Africa special issueâ€, African Journal of Economic and Management Studies, 8(1), pp. 2-7.
Paper not yet in RePEc: Add citation now
Danquah, M., Quartey, P., & Iddrisu, A. M., (2017). Access to Financial Services Via Rural and Community Banks and Poverty Reduction in Rural Households in Ghana, Journal of African Development, 19(2), pp. 67-76.
Debrun, X., & Masson, P. R., (2013). “Modelling monetary union in Southern Africa: Welfare evaluation for the CMA and SADCâ€, South African Journal of Economics, 81(2), pp. 275291.
- Emenike, K. O., (2018). “Exchange rate volatility in West African countries: is there a shred of Spillover?â€, International Journal of Emerging Markets, 13(6), pp. 1457-1474.
Paper not yet in RePEc: Add citation now
- Fischer, B., Lenza, M., Pill, H., & Reichlin, L. (2007). “Monetary Analysis and Monetary Policy in the Euro Area 1999- 2006â€. Journal of International Money and Finance, 25(4), 1138–1164.
Paper not yet in RePEc: Add citation now
Folarin O.E. (2019). “Financial reforms and industrialisation: Evidence from Nigeria. Journal of Social and Economic Development, Doi: 10.1007/s40847-019-00075-z Foresti, P., & Napolitano, O., (2014). “Money Demand in the Eurozone: Do Monetary Aggregates Matter?â€, Inzinerine Ekonomika-Engineering Economics, 25(5), pp. 497-503.
Folarin, O. E., & Asongu, S. A., (2019). “Financial liberalization and long-run stability of money demand in Nigeriaâ€, Journal of Policy Modeling: Forthcoming.
Gerlach, S., & Svensson, L. E. O. (2003). “Money and Inflation in the Euro Area: A Case for Monetary Indicators?†Journal of Monetary Economics, 50(8), 1649-1672.
Gevorkyan, A. V., & Kvangraven, I. H., (2016). “Assessing Recent Determinants of Borrowing Costs in Subâ€Saharan Africaâ€. Review of Development Economics, 20(4), pp. 721738.
- Ghironi, F., & Rebucci, A., (2000). “Monetary rules for emerging market economiesâ€, Working Paper No. 476, Boston College Economics Department, Boston, MA.
Paper not yet in RePEc: Add citation now
Goldfeld, S. M., & Sichel, D. E. (1990). The Demand for Money. In Friedman, B.M. & Hahn, F.H. (Eds.), Handbook of Monetary Economics 1, North-Holland.
- Grandes, M. (2003). “Macroeconomic convergence in Southern Africa: the rand zone experienceâ€. OECD Development Centre Working Papers No. 231, Paris.
Paper not yet in RePEc: Add citation now
Gries, T., Kraft, M., & Meierrieks, D., (2009). “Linkages between financial deepening, trade openness, and economic development: causality evidence from Sub-Saharan Africaâ€, World Development, 37(12), pp. 1849-1860.
Gyeke-Dako, A., & Agbloyor, E. K., Turkson, F. E. & Baffour, P. T., (2018). Financial Development and the Social Cost of Financial Intermediation in Africa, Journal of African Business, 19(4), pp. 455-474.
Hamori, S., & Hamori, N. (2008). “Demand for Money in the Euro Areaâ€. Economic Systems, 32(3), pp. 274–284, Hamori, S., & Tokihisa, A. (2001). “Seasonal Cointegration and the Money Demand Function: Some Evidence from Japanâ€. Applied Economics Letters, 8(5), pp. 305-310.
- Harvey, S. K., & Cushing, M. J., (2015). “Is West African Monetary Zone (WAMZ) a common currency area?â€, Review of Development Finance, 5(1), pp. 53-63.
Paper not yet in RePEc: Add citation now
Ho, S-Y., (2019). “Macroeconomic determinants of stock market development in South Africaâ€, International Journal of Emerging Markets, 14(2), pp.322-342.
Hossain, A., (1993). “Financial reforms, stability of the money demand and monetary policy in Bangladesh: An econometric investigationâ€. Indian Economic Review, 28(1), pp. 85-100.
- http://unctad.org/meetings/en/SessionalDocuments/tdbex59d3_en.pdf (Accessed: 25/06/2016).
Paper not yet in RePEc: Add citation now
- Iyke, B., N., & Odiambo, N. M., (2017). “Foreign exchange markets and the purchasing power parity theory: Evidence from two Southern African countriesâ€, African Journal of Economic and Management Studies, 8(1), pp. 89-102.
Paper not yet in RePEc: Add citation now
James, G. A., (2005) “Money demand and financial liberalization in Indonesiaâ€, Journal of Asian Economics, 16(5), pp. 817-829.
- Jefferis, K. R., (2007). “The process of monetary integration in the SADC regionâ€. Journal of Southern African Studies, 33(1), pp. 83-106.
Paper not yet in RePEc: Add citation now
Khamfula, Y., & Huizinga, H., (2004). “The Southern African Development Community: Suitable for a monetary union?†Journal of Development Economics, 73(2), pp. 699-714.
- Khamfula, Y., & Mensteab T., (2004). “South Africa and Southern African Monetary Union: A Critical Review of Sources of Costs and Benefits,†South African Journal of Economics, 72(1), pp. 37-49.
Paper not yet in RePEc: Add citation now
Khan, R. E. A., & Hye, Q. M. A. (2013). “Financial liberalization and demand for money: A case of Pakistanâ€, The Journal of Developing Areas, 47 (2), pp. 175-198.
- Kumar, S., (2011). “Financial reforms and Money demand: Evidence from 20 developing countriesâ€, Economic System, 35(3), pp. 323-334.
Paper not yet in RePEc: Add citation now
Kumar, S., Webber, D. J., & Fargher, S., (2013). “Money demand stability: A case study of Nigeriaâ€, Journal of Policy Modelling, 35(6), pp. 978-991.
Kusi, B. A., & Opoku†Mensah, M. (2018).“Does credit information sharing affect funding cost of banks? Evidence from African banksâ€.International Journal of Finance & Economics, 23(1), pp. 19- 28.
Kusi, B. A., Agbloyor, E. K., Ansah-Adu, K., &Gyeke-Dako, A. (2017). “Bank credit risk and credit information sharing in Africa: Does credit information sharing institutions and context matter?†Research in International Business and Finance, 42(December), pp.1123- 1136.
Levine, P. (2012). “Monetary policy in an uncertain world: probability models and the design of robust monetary rulesâ€, Indian Growth and Development Review, 5(1), pp. 70-88.
- Lucas, R. E. (1976). Economic Policy Evaluation: A Critique. In Carnagie-Rochester Conference Series on Public Theory: the Phillips Curve and Labour Markets, 12. K. Brunner & Meltzer, A. (Eds). North-Holland, Amsterdam, 19–46.
Paper not yet in RePEc: Add citation now
Masson, P. (2008) “Currency Unions in Africa: Is the Trade Effect Substantial Enough to Justify their Formation?â€, The World Economy, 31(4), pp. 533-547.
Mishkin, F.S. (2002). “The role of output stabilization in the conduct of monetary policyâ€, International Finance, 5(2), pp. 213-227.
- Mutize, M., & Gossel, S. J., (2018). “Do sovereign credit rating announcements influence excess bond and equity returns in Africa?â€, International Journal of Emerging Markets, 13 (6), pp.1522-1537.
Paper not yet in RePEc: Add citation now
- Nachega, J-C., (2001) “Financial liberalization, money demand and inflation in Uganda†IMF Working paper No. 01/118, Washington.
Paper not yet in RePEc: Add citation now
Ndirangu, L., & Nyamongo, E. M., (2015) “Financial innovations and their implications for monetary policy in Kenyaâ€, Journal of African Economics, 24(Supplement), pp. i48-i71.
- Ndlovu, C., & Alagidede, P., (2018). “Industry structure, macroeconomic fundamentals and return on equity: Evidence from emerging market economiesâ€, International Journal of Emerging Markets, 13(6), pp. 2047-2066.
Paper not yet in RePEc: Add citation now
- Obeng, S. K., & Sakyi, D., (2017). “Macroeconomic determinants of interest rate spreads in Ghanaâ€, African Journal of Economic and Management Studies, 8(1), pp. 76-88.
Paper not yet in RePEc: Add citation now
Ofori-Sasu, D., Abor, J. Y., & Osei, A. K., (2017). “Dividend Policy and Shareholders’ Value: Evidence from Listed Companies in Ghanaâ€, African Development Review, 29(2), pp. 293-304.
- Osah, O., & Kyobe, M., (2017). “Predicting user continuance intention towards M-pesa in Kenyaâ€, African Journal of Economic and Management Studies, 8(1), pp. 36-50.
Paper not yet in RePEc: Add citation now
- Page, S. & te Velde D.W. (2004). “Foreign Direct Investment by African Countries†Papers prepared for InWent/UNCTAD meeting on FDI in Africa 22-24 Novemebr 2004, UNECA, Addis Ababa.
Paper not yet in RePEc: Add citation now
Pesaran, H. M., Shin, Y., & Smith, R., J. (2001). “Bounds testing approaches to the analysis of level relationshipsâ€, Journal of Applied Econometrics, 16 (1), pp. 289–326.
Poole, W., (1970). “Optimal choice of monetary policy instruments in a simple stochastic macro modelâ€, The Quarterly Journal of Economics, 84 (2), pp. 192-216.
Pradhan, B. K., & Subramanian, A. (2003). “On the Stability of Demand for Money in a Developing Economy: Some Empirical Issuesâ€. Journal of Development Economics, 72(1), 335–351.
Rao, B. B., & Kumar, S., (2009). “A panel data approach to the demand for money and the effects of financial reforms in the Asian countriesâ€, Economic Modelling, 26(5), pp. 10121017.
Senga, C., & Cassimon, D., (2018). “Spillovers in Sub-Saharan Africa’s sovereign Eurobond yieldsâ€, Belgian Policy Research Group on Financing for Development, Working Paper No. 24, Antwerp.
Senga, C., Cassimon, D., & Essers, D., (2018). “Sub-Saharan African Eurobond yields: What really matters beyond global factors?â€, Review of Development Finance, 8(1), pp. 4962.
Singh, R., & Kumar, S., (2012). “Application of the alternative techniques to estimate demand for money in developing countries, Journal of Developing Areas, 46(2), pp. 43-63.
- Sriram, S. S., (2000). “A survey of recent empirical money demand studies. IMF Staff Papers, 47(3), pp. 334-365.
Paper not yet in RePEc: Add citation now
Tchamyou, V. S., (2019b).“The Role of Information Sharing in Modulating the Effect of Financial Access on Inequalityâ€. Journal of African Business. DOI: 10.1080/15228916.2019.1584262.
Tchamyou, V. S., & Asongu, S. A., (2017). “Information Sharing and Financial Sector Development in Africaâ€, Journal of African Business, 18(1) pp. 24-49.
Tchamyou, V. S., Erreygers, G., & Cassimon, D., (2019). “Inequality, ICT and Financial Access in Africaâ€, Technological Forecasting and Social Change, 139(February), pp. 169184.
- UNCTAD (2014). “Monetary unions and regional trade in Africaâ€, United Nations Conference on Trade and Development, Trade and Development Board Fifty-ninth executive session Geneva, 23–25 June 2014.
Paper not yet in RePEc: Add citation now
- Wale, L. E., & Makina, D., (2017). “Account ownership and use of financial services among individuals: Evidence from selected Sub-Saharan African economiesâ€, African Journal of Economic and Management Studies, 8(1), pp. 19-35.
Paper not yet in RePEc: Add citation now
Wang, J.-Y., Masha, I., Shirono, K., & Harris, L. (2007). “The common monetary area in Southern Africa: shocks, adjustment, and policy challengesâ€. IMF Working Paper No. 07/158, Washington.
- Weeks, J. (2010). “Why monetary policy is irrelevant in Africa South of the Saharaâ€, Development Viewpoint No. 53, School of Oriental and African Studies, Center for Development and Policy Research, available at: www.soas.ac.uk/cdpr/publications/dv/file59766.pdf (Accessed: 29/10/2012).
Paper not yet in RePEc: Add citation now
Zehirun, M. F., Breitenbach, M. C., & Kemegue, F., (2015). “Assessment of Monetary Union in SADC: Evidence from Cointegration and Panel Unit Root Testsâ€, Economic Research Southern Africa (ERSA) Paper No. 945, Cape Town.