Empirical Analysis Of The Impact Of Monetary Policy On Economic Development

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Abstract

One can hardly find a country without monetary policy. As a matter of fact, monetary policy has gained a solid ground in the Nigerian economy. However, in light of various economic problems in Nigeria, it would seem the benefits of monetary policy are yet to be fully harnessed. The purposed of this study is to analyse the impact of monetary policy with Nigeria being the case study. With regards to the data analysis, regression analysis was applied. The study covers the effectiveness of monetary policy from the period 1985 to 2011. The study revealed that the level of effectiveness of monetary policy is highly influenced by the Central Bank of Nigeria (CBN).

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Related Field(s):

Development Studies (127), Economics (1319)

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Keywords:

Monetary Policy, Economic Development

Research Guidelines

The abstract section provides a concise summary of the Empirical Analysis Of The Impact Of Monetary Policy On Economic Development, including the issue statement, methodology, findings, and conclusion

The introduction section introduces the Empirical Analysis Of The Impact Of Monetary Policy On Economic Development by offering background information, stating the problem, aims, research questions or hypotheses, and the significance of the research

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