Causes of Interest Rate Volatility and its Economic Implications in Nigeria
AbstractThe paper explored causes of interest rate volatility and its implications on the socio-economic development of Nigeria for the year 2000–2005 periods. Its objective had been the provision of a deeper understanding of the causes of interest rate volatility and whether this has effects on the Nigerian economy. Data for this study were mainly collected from secondary sources and have been log- linearised. An econometric model specification was then built and E-View 5.0 software was used in computing the data regression analysis. Findings of the study were drawn and indicated the relationship between the dependent variable (interest rate) and independent variables (money supply and required reserve ratio). The research study was concluded with a detailed discussion and recommendations based on the findings.
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Bibliographic InfoArticle provided by Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences in its journal International Journal of Academic Research in Accounting, Finance and Management Sciences.
Volume (Year): 3 (2013)
Issue (Month): 4 (October)
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Web page: http://hrmars.com/index.php/pages/detail/Accounting-Finance-Journal
Interest Rates Volatility; Money Supply; Reserve Ratio;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"Monetary policy rules in practice Some international evidence,"
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- Emmanuel Anoruo, 2002. "Stability of the Nigerian M2 Money Demand Function in the SAP Period," Economics Bulletin, AccessEcon, vol. 14(3), pages 1-9.
- repec:ebl:ecbull:v:3:y:2002:i:4:p:1-8 is not listed on IDEAS
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