Monetary Policy And Inflationary Trend In Nigeria

83 pages Chapters 5 ID: BFN0921

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Project Details

DepartmentBanking and Finance
TypeProject
Pages83
Chapters5
MethodologyOrdinary Least Squares
Reference StyleYES
FormatMS Word & PDF
Reference No.BFN0921

Abstract

ABSTRACT    The study empirically determines the relationship between monetary policy and inflationary trend in Nigeria. The rationale for this study was the realization that inflation has a way of negatively affecting monetary policy in any country. The empirical strategy adopted in this study is the cointegration econometric technique to annual time series data in Nigeria covering the period 1961 to 2011.     The results from the analysis show that in the short run, all the explanatory variables such as interest rate, money supply and exchange rate have signific…

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Full material

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Pages83
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