The Effect of Global Financial and Trade Shocks on Growth of Sub Saharan Africa.

This project aims at investigating the impact of global financial and trade shocks on growth and inequality in Sub Sahara Africa (SSA). We assess the ability of Dynamic Stochastic General Equilibrium (DSGE) models to explain the impact of shocks on a typical SSA economy, and examine which modifications are required to make the conventional models applicable to SSA. The modified models will be estimated using data from a sample of SSA countries.

Keywords:ECONOMIC GROWTH, BUSINESS CYCLES, INEQUALITY, AFRICA

Disciplines:Applied economics, Economic development, innovation, technological change and growth, Economic history, Macroeconomics and monetary economics, Microeconomics, Tourism