Please use this identifier to cite or link to this item:
https://library.cbn.gov.ng:8443/jspui/handle/123456789/648
Title: | Economic policy trilemma and exchange rate management in Nigeria |
Authors: | Oshikoya, Temitope |
Keywords: | Economic policy trilemma Financial integration capital control Monetrary policy Financial stability Exchange rate management Internal reserves Inflation Nigerian |
Issue Date: | Dec-2014 |
Publisher: | Central Bank of Nigeria, Research Department |
Citation: | Oshikoya, T. (2014). Economic policy trilemma and exchange rate management in Nigeria. CBN Economic and Financial Review, 52(4), 125-153. |
Series/Report no.: | Vol. 54;No.2 |
Abstract: | This paper considers the choice and trade-offs that Nigeria's economic policymaker face when deciding on the simultaneous combination of monetary policy exchange rate management, and financial openness policies to adopt- the monetary policy trilemma. The paper finds empirical evidence of the monetary policy trilemma for Nigeria, implying that there is indeed a tradeoff among monetary independence, exchange rate stability and financial integration. |
URI: | http://library.cbn.gov.ng:8092/jspui/handle/123456789/648 |
ISSN: | 1957-2968 |
Appears in Collections: | Economic and Financial Review |
Files in This Item:
File | Description | Size | Format | |
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Economic policy trilemma and exchange rate management in nigeria.pdf | 314.41 kB | Adobe PDF | View/Open |
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