Money-Financed Government Deficits and Bank Fragility in Frontier Economies
African Review of Economics & Finance
Currently under review. DOI and full text will be made available upon publication.
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.
My research agenda examines macro-financial linkages, with particular attention to credit cycles, banking-sector resilience, and the coordination of monetary, fiscal, and macroprudential policy. It seeks to inform the design of policy frameworks that mitigate systemic risk, enhance financial stability, and support sustainable growth in emerging and developing economies.
Six years across three institutions, training students in macroeconomic reasoning, financial analysis, and quantitative method.
Refereed work, dissertations, and ongoing manuscripts. Preprints will be archived as papers move through review.
African Review of Economics & Finance
Currently under review. DOI and full text will be made available upon publication.
Dissertations &
Theses
Asuako, K. A. (2025). Fiscal Dominance and Bank Fragility in Frontier Economies: Theory and Evidence from Sub-Saharan Africa. Southern Illinois University, Carbondale.
View on ProQuestAsuako, K. (2021). Trade Integration and Economic Growth in Africa: Lessons from SADC and ECOWAS. Eastern Illinois University.
View on EIU RepositoryLanguages, econometric techniques, and structural frameworks employed in the work above.
Occasional essays, working notes, and shorter pieces on macro-financial questions — written between papers.
In Preparation
Posts will appear here as they are written. Until then, please consult the working papers and dissertation listed above.
Notify me when publishedFor collaborations, seminar invitations, journalism inquiries, or to request a working paper, the easiest channels are below.
Department of Economics
Allen University
1530 Harden Street
Columbia, SC 29204
United States of America