STRUCTURAL BREAKS, DEMAND FOR MONEY AND MONETARY POLICY IN NIGERIA

被引：0
作者：
Omotor, Douglason G. [1 ]
机构：
[1] Delta State Univ, Dept Econ, Abraka, Nigeria
来源：
EKONOMSKI PREGLED | 2011年 / 62卷 / 9-10期
关键词：
Demand for money; structural breaks; monetary policy; cointegration; Nigeria;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The paper estimates an endogenous structural break date of the money demand for Nigeria for the period 1960-2008. Using the Gregory and Hansen procedure, an endogenous break date of 1994 was estimated for the cointegrating equation of the demand for money. The study also joins previous ones to affirm a stable money demand function for Nigeria. In addition, it was established that the Central Bank of Nigeria has effectively used money supply as an instrument of monetary policy.
引用
收藏
页码：559 / 582
页数：24
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