Name: Monetary policy. Empirical Determination of the Concept of Money in Nigeria Using Both Narrow and Broad Concept of Money (M1 and M2) (en Inglés)
SKU: 59161533
Price: 31230.00 CLP
Availability: InStock
Author: Effiong, Micah
ISBN: 9783346073327

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

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

Formato

Libro Físico

Autor

Micah Effiong

Editorial

Grin Verlag

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

21.6x14x0.1 cm

Peso

0.04 kg.

ISBN13

9783346073327

Categorías

Economía política

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

Micah Effiong (Autor) · Grin Verlag · Tapa Blanda

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Reseña del libro "Monetary policy. Empirical Determination of the Concept of Money in Nigeria Using Both Narrow and Broad Concept of Money (M1 and M2) (en Inglés)"

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.