This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Money And Output Interraction In Nigeria Author info | Abstract | Publisher info | Download info | Related research | Statistics DR.GODWIN CHUKWUDUM NWAOBI (QUANTITATIVE ECONOMIC RESEARCH BUREAU, NIGERIA)
Additional information is available for the following
registered author(s):
THIS PAPER DERIVES AND ESTIMATES A BARRO-TYPE REDUCED-FORM EQUATION FOR DOMESTIC REAL OUTPUT FROM A SIMPLE STRUCTURAL MODEL OF AN OPEN DEVELOPING ECONOMY IN WHICH MARKETS CLEAR CONTINUOUSLY AND EXPECTATIONS ARE RATIONAL. THE FORM IN WHICH OPEN ECONOMY VARIABLES APPEARED WAS EXPLICITLY DERIVED FROM AN UNDERLYING STRUCTURAL MODEL. THE MODEL WAS ADAPTED TO NIGERIAN ECONOMY BY ACCORDING AN IMPORTANT ROLE TO IMPORTED INTERMEDIATE GOODS. THE EMPIRICAL RESULT PROVIDED SUPPORT FOR THE OPEN ECONOMY MODEL OF OUTPUT DETERMINATION IN NIGERIA.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by EconWPA in its series Macroeconomics with number
0405012.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length: 31 pages
Date of creation: 12 May 2004Date of revision:
Handle: RePEc:wpa:wuwpma:0405012Note: Type of Document - pdf; pages: 31Contact details of provider: Web page: http://129.3.20.41
For technical questions regarding this item, or to correct its listing, contact: (EconWPA).
Keywords: MONEY OUTPUT COINTEGRATION ERROR CORRECTION RATIONAL EXPECTATIONS ; NIGERIAN ECONOMY ; Find related papers by JEL classification: E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
This paper has been announced in the following NEP Reports :
References listed on IDEAS 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.: Hafer, R W & Kutan, A M, 1997.
"More Evidence on the Money-Output Relationship ,"
Economic Inquiry ,
Oxford University Press, vol. 35(1), pages 48-58, January.
Johansen, Soren & Juselius, Katarina, 1990.
"Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money ,"
Oxford Bulletin of Economics and Statistics ,
Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
John Y. Campbell & N. Gregory Mankiw, 1989.
"Consumption, Income and Interest Rates: Reinterpreting the Time Series Evidence ,"
NBER Chapters ,
in: NBER Macroeconomics Annual 1989, Volume 4, pages 185-246
National Bureau of Economic Research, Inc.
[Downloadable!]
Other versions: Modigliani, Franco, 1977.
"The Monetarist Controversy or, Should We Forsake Stabilization Policies? ,"
American Economic Review ,
American Economic Association, vol. 67(2), pages 1-19, March.
Other versions: Swanson, Norman R., 1998.
"Money and output viewed through a rolling window ,"
Journal of Monetary Economics ,
Elsevier, vol. 41(3), pages 455-474, May.
[Downloadable!] (restricted)
Barro, Robert J & Gordon, David B, 1983.
"A Positive Theory of Monetary Policy in a Natural Rate Model ,"
Journal of Political Economy ,
University of Chicago Press, vol. 91(4), pages 589-610, August.
[Downloadable!] (restricted)
Other versions: Brown, Bryan W & Maital, Shlomo, 1981.
"What Do Economists Know? An Empirical Study of Experts' Expectations ,"
Econometrica ,
Econometric Society, vol. 49(2), pages 491-504, March.
[Downloadable!] (restricted)
Engle, Robert F & Granger, Clive W J, 1987.
"Co-integration and Error Correction: Representation, Estimation, and Testing ,"
Econometrica ,
Econometric Society, vol. 55(2), pages 251-76, March.
[Downloadable!] (restricted)
Gray, Jo Anna, 1976.
"Wage indexation: A macroeconomic approach ,"
Journal of Monetary Economics ,
Elsevier, vol. 2(2), pages 221-235, April.
[Downloadable!] (restricted)
Gordon, Robert J, 1990.
"What Is New-Keynesian Economics? ,"
Journal of Economic Literature ,
American Economic Association, vol. 28(3), pages 1115-71, September.
[Downloadable!] (restricted)
Barro, Robert J & King, Robert G, 1984.
"Time-separable Preferences and Intertemporal-Substitution Models of Business Cycles ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 99(4), pages 817-39, November.
[Downloadable!] (restricted)
Other versions: Mario I. Blejer & Roque B. Fernandez, 1980.
"The Effects of Unanticipated Money Growth on Prices and on Output and Its Composition in a Fixed-Exchange-Rate Open Economy ,"
Canadian Journal of Economics ,
Canadian Economics Association, vol. 13(1), pages 82-95, February.
[Downloadable!] (restricted)
Gerrard, Bill, 1991.
"Keynes's General Theory: Interpreting the Interpretations ,"
Economic Journal ,
Royal Economic Society, vol. 101(405), pages 276-87, March.
[Downloadable!] (restricted)
Dornbusch, Rudiger, 1990.
"The New Classical Macroeconomics and Stabilization Policy ,"
American Economic Review ,
American Economic Association, vol. 80(2), pages 143-47, May.
Pagan, Adrian, 1986.
"Two Stage and Related Estimators and Their Applications ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 53(4), pages 517-38, August.
[Downloadable!] (restricted)
Other versions: Kormendi, Roger C & Meguire, Philip G, 1984.
"Cross-Regime Evidence of Macroeconomic Rationality ,"
Journal of Political Economy ,
University of Chicago Press, vol. 92(5), pages 875-908, October.
[Downloadable!] (restricted)
Barro, Robert J. & Hercowitz, Zvi, 1980.
"Money stock revisions and unanticipated money growth ,"
Journal of Monetary Economics ,
Elsevier, vol. 6(2), pages 257-267, April.
[Downloadable!] (restricted)
Other versions: Evans, George W & Ramey, Garey, 1992.
"Expectation Calculation and Macroeconomic Dynamics ,"
American Economic Review ,
American Economic Association, vol. 82(1), pages 207-24, March.
[Downloadable!] (restricted)
Mohabbat, Khan A & Al-Saji, Amer K, 1991.
"The Effects on Output of Anticipated and Unanticipated Money Growth: A Case Study of an Oil-Producing Country ,"
Applied Economics ,
Taylor and Francis Journals, vol. 23(9), pages 1493-97, September.
repec:fth:harver:1435 is not listed on IDEAS
Calvo, Guillermo A, 1978.
"On the Time Consistency of Optimal Policy in a Monetary Economy ,"
Econometrica ,
Econometric Society, vol. 46(6), pages 1411-28, November.
[Downloadable!] (restricted)
Barro, Robert J & Grossman, Herschel I, 1971.
"A General Disequilibrium Model of Income and Employment ,"
American Economic Review ,
American Economic Association, vol. 61(1), pages 82-93, March.
[Downloadable!] (restricted)
Bryant, W D A, 1991.
"Non-nested Tests of New Classical versus Keynesian Models: Further Evidence ,"
Applied Economics ,
Taylor and Francis Journals, vol. 23(2), pages 385-90, February.
Edwards, Sebastian, 1983.
"The Short-Run Relation between Growth and Inflation in Latin America: Comment ,"
American Economic Review ,
American Economic Association, vol. 73(3), pages 477-82, June.
[Downloadable!] (restricted)
Johansen, Soren, 1988.
"Statistical analysis of cointegration vectors ,"
Journal of Economic Dynamics and Control ,
Elsevier, vol. 12(2-3), pages 231-254.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , 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.)
Dr. Godwin Chukwudum Nwaobi, 2004.
"Modelling Economic Fluctuations In Subsaharan Africa:A Vector Autoregressive Approach ,"
Macroeconomics
0406008, EconWPA.
[Downloadable!]
Access and
download statistics Did you know? RePEc data is maintained by each archive holder on its own website. Nothing is held centrally.
This page was last updated on 2009-11-30.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .