About

Kofi Ampoma Asuako, PhD

PhDPh.D. in Economics, Southern Illinois University Carbondale, 2025

MAM.A. in Economics, Eastern Illinois University, 2021

BAB.A. in Economics, Minor in History, Kwame Nkrumah University of Science and Technology (KNUST), 2017

Ph.D. Economist Specializes in macro-financial stability & monetary policy design in emerging and developing economies

My research lies at the intersection of macroeconomics and finance, with a focus on macro-financial stability, banking-sector resilience, and monetary policy design in emerging and developing economies. I combine structural modeling with empirical analysis to study how fiscal–monetary interactions and financial intermediation shape business cycles, asset prices, and systemic risk. My work aims to inform the design of coherent policy frameworks that enhance financial sector resilience, strengthen fiscal–monetary coordination, and promote sustainable and inclusive growth.

Initiate Correspondence Curriculum Vitæ
§ I — Research

Research & Publications

Research areas, publication record, and current working papers.

Areas of Inquiry

  1. Business cycles
  2. Macro–financial linkages
  3. Financial intermediation & crises
  4. Systemic risk & banking resilience
  5. Monetary–fiscal interactions
  6. Sovereign debt sustainability
  7. Macroprudential regulation

Publication Record

Revise & Resubmit 2025

Money-Financed Government Deficits and Bank Fragility in Frontier Economies

African Review of Economics & Finance

Revise and resubmit at African Review of Economics & Finance.

Dissertations &
Theses

Ph.D. Dissertation · 2025

Asuako, K. A. (2025). Fiscal Dominance and Bank Fragility in Frontier Economies: Theory and Evidence from Sub-Saharan Africa. Southern Illinois University, Carbondale.

ProQuest Dissertations & Theses · ISBN 9798293858477 · Document ID 3252893523

View on ProQuest
Master's Thesis · 2021

Asuako, K. (2021). Trade Integration and Economic Growth in Africa: Lessons from SADC and ECOWAS. Eastern Illinois University.

View on EIU Repository

Working Papers

  1. Structural Drivers of Sovereign Lending Bias
    Why banks lend more to governments than to the private sector in frontier African economies.
    In Progress
  2. Do Inflation Surprises Undermine Banking-Sector Stability?
    Empirical evidence from Ghana.
    Working Draft
  3. Macroprudential Policy & Credit Cycles
    In Progress
§ II — Pedagogy

Teaching Record

Six years across three institutions, training students in macroeconomic reasoning, financial analysis, and quantitative method.

Assistant Professor
Allen University
Aug 2025 — Present · Columbia, SC

Undergraduate

  • Principles of Microeconomics
  • Principles of Macroeconomics
  • Investment Management & Securities Valuation
  • Modern Portfolio Theory
  • Financial Statement Analysis
  • Money & Banking

Graduate · MBA

  • Managerial Statistics
  • Quantitative Analysis
Graduate Instructor
Southern Illinois University, Carbondale
Aug 2021 — May 2025

Courses Taught

  • Introduction to Macroeconomics
  • Intermediate Macroeconomics
  • Financial Economics
  • History of Economic Systems
Graduate Instructor
Eastern Illinois University
Aug 2019 — May 2021

Courses Taught

  • Principles of Macroeconomics
  • Principles of Microeconomics
§ III — Method

Quantitative Toolkit

Languages, econometric techniques, and structural frameworks employed in the work above.

i.

Programming

  • Python
  • MATLAB
  • R
  • Stata
  • Julia
ii.

Econometrics

  • Time-series analysis
  • VAR & VECM models
  • Panel-data methods
  • Maximum likelihood estimation
  • Bayesian methods
iii.

Structural Modelling

  • DSGE frameworks
  • Macro-financial models
  • Banking-sector models
§ IV — Notebook

From the Blog

Occasional essays, working notes, and shorter pieces on macro-financial questions — written between papers.

In Preparation

The first essay is being drafted.

Posts will appear here as they are written. Until then, please consult the working papers and dissertation listed above.

Notify me when published
§ V — Correspond

Get in Touch

For collaborations, seminar invitations, journalism inquiries, or to request a working paper, the easiest channels are below.

Direct

kasuako@allenuniversity.edu LinkedIn Faculty Profile

By Post

Department of Economics
Allen University
1530 Harden Street
Columbia, SC 29204
United States of America