THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA
📄 Project Abstract
This study investigates the effectiveness of monetary policy under flexible exchange rate regime in Nigeria using Ordinary Least Square approach. Quarterly time series data spanning 1980:1 - 2008:4 are used in this work. The study examines stochastic characteristics of each time series by testing their stationarity using Augumented Dickey Fuller (ADF) test. This is followed by performing co integration test using Augmented Engle-Granger (AEG) technique. The results of the cointegration test indicates that the residuals estimated from our RGDP and CPI equation are not stationary at both 5% and 1% levels of significance implying that the variables used in this regression are not cointegrated. The absence of no co integration means that long run equilibrium relationship does not exist among the nonstationary variables. The result suggests that government should through its monetary policy actions and operations in money market continue to influence the exchange rate direction such that it...
🔍 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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THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA
Full Citation:
Unknown Author. (). THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA. African and General Studies, 40, 14858.
Citation Formats:
APA
Unknown Author. (). THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA. African and General Studies, 40, 14858.
MLA
Unknown Author. "THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA." African and General Studies, vol. 40, , pp. 14858.
Chicago
Unknown Author. "THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA." African and General Studies 40 (): 14858.
Full Citation:
Unknown Author. (). THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA. African and General Studies, 40, 14858.
Citation Formats:
APA
Unknown Author. (). THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA. African and General Studies, 40, 14858.
MLA
Unknown Author. "THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA." African and General Studies, vol. 40, , pp. 14858.
Chicago
Unknown Author. "THE EFFECTIVENESS OF MONETARY POLICY UNDER FLEXIBLE EXCHANGE RATE REGIME IN NIGERIA." African and General Studies 40 (): 14858.
Document Details
| Author | Unknown Author |
|---|---|
| 📁 Field | Economics Project Topics |
| 🏷️ Type | Management and Business project topics |
| Pages | 76 Pages |
| Words | 15483 words |
| 📘 Chapters | 1 to 5 Chapters |