THE EFFECTIVENESS OF MONETARY POLICY TOOLS IN CONTROLLING INFLATION IN NIGERIA

  • Type: Project
  • Department: Economics
  • Project ID: ECO0332
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 65 Pages
  • Format: Microsoft Word
  • Views: 1.4K
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The Effectiveness Of Monetary Policy Tools In Controlling Inflation In Nigeria 

ABSTRACT

The study examined the effectiveness of monetary policy in controlling inflation in Nigeria.  In the model specified, inflation is the regress and while cash reserved requirement, liquidity ratio, money supply, minimum rediscount rate and interest rate are the regressor.  Data was collected from CBN statistical Bulletin .  The statistical techniques used for the analysis is the ordinary least square technical with the aid of E-view 5.0 software package.  The research indicates that monetary policy adopted in Nigeria within the period under review failed to influence the inflation rate.  It has been identified that the major problem militating against the poor performance of monetary policy instrument in controlling inflation in Nigeria is time lags involved which makes any policy employed to take many months to achieve its full effect.

THE EFFECTIVENESS OF MONETARY POLICY TOOLS IN CONTROLLING INFLATION IN NIGERIA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

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  • Type: Project
  • Department: Economics
  • Project ID: ECO0332
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 65 Pages
  • Format: Microsoft Word
  • Views: 1.4K
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    Details

    Type Project
    Department Economics
    Project ID ECO0332
    Fee ₦5,000 ($14)
    Chapters 5 Chapters
    No of Pages 65 Pages
    Format Microsoft Word

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