Dr. Dennis Nsafoah

Assistant Professor

Bisgrove Hall, Third Floor, Room 354H

Office Hours:
M 9:00 a.m – 11:00 a.m
W 9:00 a.m – 11:00 a.m
F 12:30 p.m – 2:30 p.m

Phone: 716.286.8334


Dr. Dennis Nsafoah


Dr. Dennis Nsafoah joined the faculty in fall 2021. He earned his Ph.D. in economics from University of Calgary in 2021. His main research interests lie in the fields of monetary economics and international macroeconomics. In particular, he is interested in the effects of a central bank’s monetary policy on its own economy and in the spillover effects of foreign monetary policy. He uses both Structural Vector Autoregression (SVAR) models and Dynamic Stochastic General Equilibrium (DSGE) models in his research.

Recently, he has been engaged in active public policy discourse in Sub-Saharan Africa. In particular, fiscal and monetary policies in Ghana which is his country of birth.

Focus of Teaching

  • Macroeconomics
  • Monetary Economics
  • Business Analytics

Current Research

  • International Spillovers of Conventional versus New Monetary Policy
  • Effect of Conventional and Unconventional Monetary Policy on House Prices in Canada
  • Domestic Debt Exchange Programmes in Africa: Case Study from Ghana

Current Involvement

  • Standard and Reporting Committee – Member
  • Study Abroad Advisory Committee – Member
  • Curriculum Committee of the Business of Business – Member

Educational Background

  • Ph.D. Economics, University of Calgary, 2015 – 2021.
  • M.A. Economics, University of Manitoba, 2014 – 2015.
  • B.A. Statistics and Economics, University of Ghana, 2008 – 2012.