This paper examines the trends and patterns of fluctuations in real output growth in Nigeria. The paper used simple statistical tools to analyze the links among the macroeconomic variables. The analysis shows that real output experienced its full business cycle and growth rate of 1970s remained...

This paper examined whether monetary policy is acyclical, procyclical or countercyclical and the implications of the interaction of such cyclicality with industrial output on real economic growth in Nigeria. After determining the time series properties of the variables and based on conventional...