EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013)
📄 Project Abstract
This study examined the impact of interest rate on savings in Nigeria within the sampled period of 1981-2013. The data for this research work was obtained from the CBN Statistical Bulletin (1981 - 2013) and analyzed using ordinary least square (OLS) analysis. Domestic Savings (SAV), was regressed against Interest Rate (INT), Money supply (MS) and Income (Y). The result revealed that there is a positive relationship between interest rate on deposit and savings which is in conformity with economic expectation and theory as was propounded by Keynes. Cointegration test revealed that the entire variables have long run relationship with domestic saving in Nigeria within the sample period with at least one co-integrating equation. The unit root test indicates that none of the variable was significant at level but the entire variables were stationary at first differencing. The VECM result indicates that the dependent variable has the capacity to adjust to short-term fluctuation from long term...
🔍 Key Research Areas Covered
- ✅ Literature Review & Theoretical Framework
- ✅ Research Methodology & Data Collection
- ✅ Data Analysis & Statistical Methods
- ✅ Findings & Results Discussion
- ✅ Recommendations & Conclusions
- ✅ References & Bibliography
📚 Complete Project Structure
- Problem Statement & Objectives
- Theoretical Framework & Related Studies
- Data Collection & Analysis Methods
- Findings & Statistical Analysis
- Recommendations & Future Research
- Questionnaires, Data, References
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EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013)
Full Citation:
ORJIUKA EMMANUEL. (). EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013). African and General Studies, 40, 14858.
Citation Formats:
APA
ORJIUKA EMMANUEL. (). EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013). African and General Studies, 40, 14858.
MLA
ORJIUKA EMMANUEL. "EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013)." African and General Studies, vol. 40, , pp. 14858.
Chicago
ORJIUKA EMMANUEL. "EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013)." African and General Studies 40 (): 14858.
Full Citation:
ORJIUKA EMMANUEL. (). EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013). African and General Studies, 40, 14858.
Citation Formats:
APA
ORJIUKA EMMANUEL. (). EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013). African and General Studies, 40, 14858.
MLA
ORJIUKA EMMANUEL. "EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013)." African and General Studies, vol. 40, , pp. 14858.
Chicago
ORJIUKA EMMANUEL. "EFFECT OF SAVINGS ON INTEREST RATE IN NIGERIA (1981-2013)." African and General Studies 40 (): 14858.
Document Details
| Author | ORJIUKA EMMANUEL |
|---|---|
| 📁 Field | Economics Project Topics |
| 🏷️ Type | Social Sciences project topics |
| Pages | 65 Pages |
| Words | 15177 words |
| 📘 Chapters | 1 to 5 Chapters |