Please use this identifier to cite or link to this item:
https://library.cbn.gov.ng:8443/jspui/handle/123456789/603Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Tule, M. K. | - |
| dc.contributor.author | Isah, A. M. | - |
| dc.contributor.author | Okafor, P. N. | - |
| dc.contributor.author | Pedro, I. | - |
| dc.contributor.author | Ukeje, S. A. | - |
| dc.contributor.author | Oji, K. | - |
| dc.contributor.author | Oladunni, S. | - |
| dc.date.accessioned | 2018-11-19T12:45:52Z | - |
| dc.date.available | 2018-11-19T12:45:52Z | - |
| dc.date.issued | 2014-09 | - |
| dc.identifier.citation | Tule, M. K. et al (2014). Nigeria's monetary conditions index. CBN Economic and Financial Review, 52(3), 1-26. | en_US |
| dc.identifier.issn | 1957 – 2968 | - |
| dc.identifier.uri | http://library.cbn.gov.ng:8092/jspui/handle/123456789/603 | - |
| dc.description.abstract | The paper aimed to construct a monetary conditions index (MCI) for Nigeria to aid the evaluation of the stance of monetary policy. Quarterly data for 91-day treasury bill rate (TBR), real exchange rate (RER), inflation rate (INF), real private sector credit (RCP), and real gross domestic product (RGDP), covering the period 2000Q1 to 2014Q1, were utilised. The period coincided with key reforms in the money and foreign exchange markets, culminating in the adoption of a new monetary policy framework in 2006. Following some econometric diagnostic tests, an aggregate demand function was estimated using the Johansen co-integration technique. | en_US |
| dc.description.sponsorship | Central Bank of Nigeria | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Central Bank of Nigeria | en_US |
| dc.relation.ispartofseries | Vol. 52;No. 3 | - |
| dc.subject | Interest rates | en_US |
| dc.subject | Credit | en_US |
| dc.subject | Monetary policy | en_US |
| dc.title | Nigeria's monetary conditions index | en_US |
| dc.type | Article | en_US |
| Appears in Collections: | Economic and Financial Review | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Nigeria's monetary conditions index.pdf | 4.3 MB | Adobe PDF |  View/Open |
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