091-2230-8145     |      dataprojectng@gmail.com

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.




FIND OTHER RELATED TOPICS


Related Project Materials

A SURVEY ON TAX INCENTIVE AS A CATALYST FOR PERFORMANCE OF BEVERAGE COMPANIES

EXCERPT FROM THE STUDY

The prospects for beverage companies (and other manufacturing firms) are considerable, but the ob...

Read more
ASSESSMENT OF EUROPEAN UNION’S CONTRIBUTIONS TO ELECTION ADMINISTRATION IN NIGERIA; 1999 -2015

ABSTRACT

The European Union (EU) and other international donors have been involved in the promotion of election administration in Nigeria...

Read more
COMPARATIVE ANALYSIS OF EDUCATION/ECONOMICS AND ECONOMICS STUDENTS PATTERN OF CARRYOVER

Abstract

Education is the best legacy a nation can give to her citizens especially the youth. This is because the devel...

Read more
DEVELOPMENT OF EUCALPYTUS TERETICORNIS COMPOSITE (BARKS AND LEAVES) ADSORBENT FOR ADSORPTION OF CHROMIUM (VI) AND LEAD (II) IONS FROM SIMULATED WASTEWATER

Abstract

The research titled Development of Eucalpytus tereticornis composite for chromium (VI) and lead (II) ions adsorption from simula...

Read more
AN APPRAISAL OF THE LEGAL FRAMEWORK FOR COMBATING TERRORISM IN NIGERIA

ABSTRACT

Terrorism has been a scourge both to the government and the people of Nigeria. The human and material loss recorded in recent pa...

Read more
BOKO HARAM CRISIS AND THE SOCIO-POLITICAL DEVELOPMENT OF NIGERIA

ABSTRACT

This research work attempt to examine the Boko Haram crisis in Nigeria and how it undermines socio-political development, with N...

Read more
IMPROVING THE PERFORMANCE OF MICRO-BUSINESSES IN NNEWI

This study aims at improving the performance of small-scale enterprises in Nnewi-South Local Government Area of Anambra State.  The resea...

Read more
THE ROLES OF PHARMACISTS IN CARE OPTIMIZATION FOR SCHIZOPHRENIC PATIENTS IN FEDERAL NEURO-PSYCHIATRIC HOSPITAL MAIDUGURI, NORTH-EASTERN NIGERIA

ABSTRACT

Provision of pharmaceutical care to patients suffering from schizophrenia posses special challenges due to complexity of the dis...

Read more
A SURVEY OF THE EFFICIENT AND EFFECTIVE PERSONNEL MANAGEMENT IN SMALL AND MEDIUM SCALE INDUSTRIES

ABSTRACT

The efficiency and effectiveness of any organization weather small or big depends on the people that manage it. And manning an o...

Read more
EFFECT OF COVID-19 PANDEMIC ON SOCIAL RELATIONSHIP AMONG STUDENTS OF NASARAWA STATE UNIVERSITY, KEFFI

BACKGROUND OF THE STUDY

The coronavirus disease of 2019 (COVID-19) pandemic gripped the world with a sh...

Read more
Share this page with your friends




whatsapp