Empirical Analysis of Monetary Policy Channels and the Nigerian Economy
Gbore,
Simon-Oke
Abstract:Purpose:The study empirically analyses monetary policy channels and the Nigerian economy, with a view to examine the effect of monetary policy channels on the economy as well as how it determines the causal relationship between various channels of monetary policy and macroeconomic aggregates of the economy. Design/Methodology/Approach: The VAR impulse-response and variance decomposition and Granger causality tests were considered as analytical techniques of the study with time series data spanning in the perio… Show more
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