Ebook Download Monetary policy. Empirical Determination of the Concept of Money in Nigeria Using Both Narrow and Broad Concept of Money (M1 and M2)

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Monetary policy. Empirical Determination of the Concept of Money in Nigeria Using Both Narrow and Broad Concept of Money (M1 and M2) High quality books

Monetary policy. Empirical Determination of the Concept of Money in Nigeria Using Both Narrow and Broad Concept of Money (M1 and M2)
By:Micah Effiong
Published on 2019-11-28 by GRIN Verlag

Seminar paper from the year 2016 in the subject Business economics - Economic Policy, grade: A, , course: MONETARY ECONOMIC THEORY, language: English, abstract: To reconcile the lack of consensus on the appropriate concept of money in Nigeria using a 45 year time series data from 1970 – 2014 and employing the Ordinary Least Squares (OLS) estimation techniques to estimate two equations for both monetary aggregates (M1 and M2). Findings shows that the principal explanatory variable (GDP) on both models has a positive and significant impact on both monetary aggregates, but the impact was more felt in the broad money supply measure (M2). It was concluded that the broad money supply measure defines the appropriate concept of money in Nigeria.

This Book was ranked at 39 by Google Books for keyword Broad money.

Book ID of Monetary policy. Empirical Determination of the Concept of Money in Nigeria Using Both Narrow and Broad Concept of Money (M1 and M2)'s Books is 61_BDwAAQBAJ, Book which was written byMicah Effionghave ETAG "L9HsIyXE/KA"

Book which was published by GRIN Verlag since 2019-11-28 have ISBNs, ISBN 13 Code is 9783346073310 and ISBN 10 Code is 3346073319

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