Business Commons^™

2019 Celebration Of Scholarship, Creativity, And Engagement, Beth Heldebrandt, Todd Bruns, Seth Yeakel, Matthew Eifrid

Programs

Scholarship, creativity, innovation, and the many forms of collaborative engagement that shape faculty life and student learning are central to the mission of Eastern Illinois University. For that reason, our faculty, department chairs, college deans, the Provost, and the entire campus community celebrate the achievements and outstanding contributions of our colleagues and students to their disciplines and professions every year. And, as the following pages illustrate, faculty engaged in continuing scholarly and creative activities that have provided outstanding mentoring experiences for our undergraduate and graduate students.

In addition to recognizing faculty performances, shows, publications, grants and other professional efforts, the …

An Empirical Investigation Into The Effect Of Monetary Policy And Inflation On The Exchange Rate In Ghana, Precious Wedaga Allor

2019 Awards for Excellence in Student Research and Creative Activity – Documents

The Ghanaian Cedi has recently experienced persistent depreciation against it's major trading partners. This paper investigates the role inflation and monetary policy plays in the persistent depreciation. The paper makes use of the ARDL and Bounds test of co-integration as well as the Toda & Yamamoto (1995) Augmented Granger Causality test to determine the long and short run dynamics of the impact of monetary policy and inflation on exchange rates in Ghana, using data ranging from 1970 to 2017. The paper finds short-run depreciation effect of contractionary monetary policy on the exchange rate, reflecting the exchange rate puzzle. The long …