James Atambilla Abugre is a financial economist and a PhD candidate (Final year) in Finance at the University of Ghana Business School. I am a FinTech academic with years of experience in financial technology, blockchain, and digital finance. I have a proven track record of publishing in top-tier journals, and teaching advanced courses in FinTech. I am dedicated to advancing the field of FinTech through innovative research, interdisciplinary and industry collaboration, and committed to fostering innovation and educating the next generation of FinTech professionals through cutting-edge research and comprehensive academic programs.
Regulatory Technology and Supervisory Technology, Monetary Economics and Policy, Financial Development, Corporate Finance and Governance, Development Economics, International Finance and Economics, Financial Data and Business Analytics, Blockchain Technology, Digital Finance and Cryptocurrencies, Artificial Intelligence in Finance
The Effects of Monetary Policy and Financial Technology on Inflation: Empirical from Emerging and Developing Countries
This paper investigates the effects of monetary policy and financial technology on inflation in emerging and developing countries. The study uses panel data of 80 over the period, 2000-2021. The Dynamic System General Moments Method is employed in the analysis. The empirical findings indicate that inflation is negatively influenced by monetary policy. Similarly, increased access to financial services through Fintech has a reducing effect on inflation. However, Fintech utilization promotes inflationary pressures in an economy. Additionally, the interaction between monetary policy and access to Fintech services has a positive correlation with price stability whereas the interaction of tight monetary policy and Fintech utilization reduces inflation in emerging and developing countries. The paper contributes to extant literature on the relationship between monetary policy, Fintech and inflation and further adds new contributions on how these two affect the stability of prices of goods and services in the era of technological financial innovations in an economy.