Economics, Econometrics and Finance
3 years ago

Financial liberalization key in determining money supply in Nigeria.

1 view
Central Bank of Nigeria Journal of Applied Statistics
Determinants of Money Supply in Nigeria
Aderopo Raphael Adediyan

Paper Summary

The study looked at what factors affect how much money is available in Nigeria. They used data from 1980 to 2019 and found that financial liberalization, along with currency ratio, required reserve ratio, and high-powered money, plays a big role in determining money supply. This means that how open the financial sector is can impact how much money is circulating in the economy.

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