Managing monetary policy in an environment of fiscal policy dominance in the nigerian economy
Table Of Contents
- Title page Certification Dedication Acknowledgementi Abstract Tables of contentList of figuresCHAPTER ONE Introduction Background to the study Statement of problem Objective of the study  Hypotheses Scope of the study Types of dataSources of data Justification of studyDefinition of terms CHAPTER TWOREVIEW OF LITERATURE
- 2.1Introduction
- 2.2Role of the Autonomy of the Central Bank
- 2.3Appraisal of monetary policy management Since the 197
- 2.4Fiscal dominance or Monetary management
- 2.5Financing fiscal Deficits
- 2.6Monetary and Fiscal policy conflicts
- 2.7Monetary policy and Fiscal behavior in Nigeria
Chapter THREE
RESEARCH METHODOLOGY
- 3.1Theoretical Framework
- 3.2Methodology
- 3.3Model Specification
- 3.4Method of Data Analysis 28
- 3.5Data Requirements
Chapter FOUR
DATA PRESENTATION AND ANALYSIS
- 4.0Presentation and Interpretation of results …………………………    29
- 4.1Results ………………………………
Chapter FIVE
SUMMARY, CONCLUSION AND RECOMMENDATIONS
- 5.1Summary of findings …………………………………………….. Â
- 5.2Recommendations and conclusion ………………………………. Reference
Thesis Abstract
This study sets out to examine managing monetary policy in an environment chocked up with huge fiscal deficits and public debt, high inflation rate etc, (which gives rise to fiscal dominance), in Nigerian setting during the period 1980 to 2004.
To accomplish this, statistical hypotheses were stated empirically. In chapter two, of the study, the review of various monetary policies in Nigeria was highlighted. Also there were emphasis on the fiscal policy and arguments on which of the two policies actually dominates.
The theoretical frame work was formulated and presented in chapter three.
While in the forth chapter, the model developed in chapter three was specified and estimated by the ordinary least square (OLS) technique and the Cochrane-Orcutt as a corrective measure for auto-correlation, using the annual data for the period under study.
The fifth chapter concludes with the findings of the study which are;
Firstly, the results of the model showed that the specified variables which includes; banking system holdings of public domestic debt outstanding, domestic public debt, total government expenditure and inflation rate were all significant in explaining the systematic variation in the level of money supply with the exception of the domestic public debt.
Secondly after the application of the corrective mechanism i.e. the Cochrane-orcutt measure, all variables were statistically significant except that of total government expenditure. And all the variables conformed to Apriori specification.
The study there fore points to the need for a prudent fiscal policy and monetary authorities should place more emphasis on monetary actions than on fiscal action in their drive towards stabilization of the economy.
Thesis Overview
Blazingprojects Mobile App
📚 Over 50,000 Research Thesis
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Thesis-to-Journal Publication
🎓 Undergraduate/Postgraduate Thesis
📥 Instant Whatsapp/Email Delivery
Related Research
A Framework for Patient-Centered Design in Remote Medical Rehabilitation Programs...
This research focuses on creating a practical framework to guide the design of remote medical rehabilitation programs that are centered around the needs and pre...
A Framework for Standardizing Quality Control Practices in Clinical Laboratory Testi...
This research focuses on developing a clear and practical framework to standardize quality control practices in clinical laboratory testing. Quality control in ...
A Framework for Parametric Modeling of Additive Manufacturing Mechanical Properties...
This research focuses on developing a systematic framework to model the mechanical properties of materials produced through additive manufacturing (AM), also kn...
A Framework for Modeling Nonlinear Dynamics in Chaotic Systems...
This research aims to develop a comprehensive framework for understanding and modeling nonlinear dynamics in chaotic systems. Chaotic systems are complex system...
A Framework for Predicting Corrosion Resistance in Aluminum Alloy Composites...
This research focuses on developing a structured way to predict how well aluminum alloy composites resist corrosion, which is a common challenge in many industr...
A Framework for Analyzing the Impact of Social Media Influencers on Youth Political ...
This research examines how social media influencers affect the way young people engage with politics. In recent years, social media influencers—individuals wi...
A Framework for Integrating Social Media Engagement into Customer Loyalty Models...
This research explores how social media engagement influences customer loyalty, aiming to create a new framework that combines these two areas. Customer loyalty...
A Framework for Analyzing Code-Switching as a Pragmatic Competence...
This research is focused on understanding how people switch between languages or dialects in everyday conversation, a phenomenon known as code-switching. Specif...
A Framework for Enhancing Critical Teaching Skills in Library Science Education...
This research focuses on developing a clear and practical framework that can help improve the way library science educators teach critical thinking skills. Crit...
