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examine the stability of the money demand function in Nigeria after the deregulation of the financial sector. To achieve this … the study show that a long-run relationship holds and that the demand for money is stable in Nigeria. In addition, the … the study is that interest rate is ineffective as a monetary policy instrument in Nigeria …
Persistent link: https://www.econbiz.de/10012901785
. Subsequently, the recent Bayer and Hanck (2013) test in conjunction with the Johansen co-integration test were used for the co-integration … response function technique shows insightful outcomes. From the empirical results, co-integration is apparent and a long …
Persistent link: https://www.econbiz.de/10013206572
examine the stability of the money demand function in Nigeria after the deregulation of the financial sector. To achieve this … the study show that a long-run relationship holds and that the demand for money is stable in Nigeria. In addition, the … the study is that interest rate is ineffective as a monetary policy instrument in Nigeria. …
Persistent link: https://www.econbiz.de/10011668531
Persistent link: https://www.econbiz.de/10012170574
Over the past decade, a growing number of studies have examined the role of agricultural export in economic growth in Africa. The literature, however, provides conflicting results about the agricultural export-led growth hypothesis. In this study, we aim to examine the impact of agricultural...
Persistent link: https://www.econbiz.de/10012798676
Persistent link: https://www.econbiz.de/10014634879
Over the past decade, a growing number of studies have examined the role of agricultural export in economic growth in Africa. The literature, however, provides conflicting results about the agricultural export-led growth hypothesis. In this study, we aim to examine the impact of agricultural...
Persistent link: https://www.econbiz.de/10013312442
Lag (ARDL)-bound test model. The empirical results indicate a significant evidence of cointegration. Indicatively, an …
Persistent link: https://www.econbiz.de/10012107815
Purpose - This paper introduces previously missing financial components (efficiency, activity and size) in the assessment of the finance-investment nexus. Design/Methodology/Approach - VAR models in the perspectives of VECM and short-run Granger causality are employed. Usage of optimally...
Persistent link: https://www.econbiz.de/10013032577
Our generation is experiencing the greatest demographic transition and Africa is at the center of it. There is mounting concern over corresponding rising unemployment and depleting per capita income. We examine the issues in this paper from a long-run perspective by assessing the relationships...
Persistent link: https://www.econbiz.de/10013032613