Evaluation Of Open Market Operation As An Instrument Of Monetary Policy In Nigeria

42 pages Chapters 5 ID: ECO0037

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Project Details

DepartmentEconomics
TypeProject
Pages42
Chapters5
MethodologyOrdinary Least Square (OLS) Estimation Techniques
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO0037

Abstract

AN EVALUATION OF OPEN MARKET OPERATION AS AN INSTRUMENT OF MONETARY POLICY IN NIGERIA ABSTRACTGenerally, both fiscal and monetary policies seek at achieving relative macroeconomic stability. Based on countries' experience on the role of monetary policy in controlling economics instability, this study examines the efficacy of monetary policy in controlling inflation rate and exchange rate instability. The analysis performed is based on a rational expectation framework that incorporates the fiscal role of exchange rate.            In th…

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Pages42
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