THE ROLE OF MONETARY POLICY IN THE MANAGEMENT OF INFLATION IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Abstract
Monetary policy consists of discretionary measures designed by monetary authorities to regulate and influence the supply, cost and direction of money and credit provided to the economy. This aspect of macroeconomic policy remains one of the cornerstones of economic policy formulation and implementation. Monetary policy is relevant irrespective of the economic framework in place.
With the adoption of the inflation, this study examine the impact of monetary policy in Nigeria using econometric techniques, a model that captures the impact of inflation on monetary policy is specified and estimated using the techniques of Ordinary Least Square for the period of 1985-2008.
The main findings emerging in this study indicated that the demand for money has an inverse relationship between the level of interest rates and inflationary rates. The study also advocated for the inclusion of partial adjustment scheme while modeling money demand functions and hence monetary policy in Nigeria.
Related Project Materials
A CRITICAL EXAMINATION OF SAFETY AND SECURITY CONCERNS IN HOSPITALITY INDUSTRY
BACKGROUND OF THE STUDY
Hospitality means providing service t...
SCHOOL FEEDING AND ACADEMIC PERFORMANCE OF PRIMARY SCHOOL PUPILS IN OBIO AKPOR LOCAL GOVERNMENT AREA OF RIVERS STATE
BACKGROUND OF THE STUDY
School feeding is simply the provision of food to children through schools. Acc...
INPUT NEEDS OF WATERMELON FARMERS IN GWAGWALADA AREA COUNCIL, FCT
BACKGROUND OF THE STUDY
According to Adeoye (2012), Nigeria has been said to have the capacity to produ...
A Hybrid Adjacency and Time-Based Data Structure for Analysis of Temporal Networks
Background
Related Work I begin with background information on ways for representing temporal networks and data structures for storing (s...
THE IMPACT OF TEACHERS EFFECTIVENESS ON PUPILS PERFORMANCE IN PRIMARY SCHOOL
Background to the Study
It has been theorized that teacher effectiveness is vital to student performanc...
IMPACT OF ICT ON THE JOB PERFORMANCE OF WORKERS IN SELECTED TERTIARY INSTITUTIONS
Abstract
The study examined the Impact of Information and Communication Technology on the workers in in...
IDENTIFICATION AND CHARACTERIZATION OF BIOREMEDATION POTENTIAL OF MICROORGANISMS IN SOIL FROM WASTE DUMPS IN YOLA-JIMETA NORTHEASTERN
ABSTRACT
Biodegradation has proved over time that it is the cheapest and safest method human can use to tackle waste and population. The...
THE EFFECTIVENESS OF MONETARY POLICY ON THE BANKING SECTOR IN NIGERIA
Abstract
This study investigates the impact of monetary policy on Banking sector performance in Nigeria. This is to ascertain the factors...
THE IMPACT OF MARKETING COMMUNICATION ON CONSUMER BRAND LOYALTY
ABSTRACT
This study sought to determine the impact of marketing communication on consumer brand loyalty using Pz cusson Plc Aba in Abia s...
THE EFFECT OF COMMUNICATION ON THE ATTITUDES OF MOTHERS TOWARDS CHILDHOOD KILLER DISEASES AND NATIONAL PROGRAMME ON IMMUNIZATION
ABSTRACT
The study attempted to investigate the the effect of communication on the attitudes of mothers towards childhoo...
