Fiscal and Monetary Policies Clash, Hampering Economic Growth in Nigeria
The study looked at how fiscal and monetary policies in Nigeria affect the economy. They used a method called generalized method of moment to analyze the data. The results showed that interest rates and government spending impact output and inflation. Fiscal and monetary policies in Nigeria work as substitutes, meaning when one policy tightens, the other loosens. Combining both policies helps achieve stable prices and economic growth. Coordination between these policies is important for Nigeria's economy.