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About Alabi Kehinde Miracle BSC Thesis
This thesis examines the impact of monetary policy and its lags on economic growth in the UK, US, and Nigeria from 1986-2016. Using GDP as the dependent variable and monetary policy rate, inflation, interest rates, money supply, and exchange rates as independent variables, the study finds that monetary policy lags have a negative effect on growth in all three countries. Monetary policy was found to have an insignificant effect on growth in the UK and US, but a significant effect in Nigeria, through the money supply channel. Causality testing revealed that growth causes monetary policy in the US and Nigeria, while a two-way relationship exists in the UK. The author recommends reducing policy lags, using money supply to correct deviations from
Detailed Information
| Author: | ['foday joof'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 201 |
| Language: | English |
| Format: | |
| Price: | FREE |
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