The role of monetary policy in the management of inflation in nigeria

 

Table Of Contents


Chapter ONE

INTRODUCTION

  • 1.1Introduction
  • 1.2Background of Study
  • 1.3Problem Statement
  • 1.4Objective of Study
  • 1.5Limitation of Study
  • 1.6Scope of Study
  • 1.7Significance of Study
  • 1.8Structure of the Research
  • 1.9Definition of Terms

Chapter TWO

LITERATURE REVIEW

  • 2.1Overview of Monetary Policy
  • 2.2Historical Perspective on Monetary Policy
  • 2.3Theoretical Frameworks on Monetary Policy
  • 2.4Objectives of Monetary Policy
  • 2.5Tools of Monetary Policy
  • 2.6Relationship between Monetary Policy and Inflation
  • 2.7Empirical Studies on Monetary Policy and Inflation
  • 2.8Challenges of Implementing Monetary Policy
  • 2.9Effectiveness of Monetary Policy in Managing Inflation
  • 2.10Criticisms of Monetary Policy in Inflation Management

Chapter THREE

RESEARCH METHODOLOGY

  • 3.1Research Design
  • 3.2Research Approach
  • 3.3Sampling Techniques
  • 3.4Data Collection Methods
  • 3.5Data Analysis Procedures
  • 3.6Ethical Considerations
  • 3.7Validity and Reliability
  • 3.8Limitations of the Research Methodology

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • 4.1Overview of Findings
  • 4.2Analysis of Data
  • 4.3Impact of Monetary Policy on Inflation
  • 4.4Factors Influencing the Effectiveness of Monetary Policy
  • 4.5Regional Disparities in Inflation Management
  • 4.6Policy Recommendations
  • 4.7Comparison with Previous Studies
  • 4.8Implications for Policy and Practice

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • 5.1Summary of Findings
  • 5.2Conclusion
  • 5.3Contributions to Knowledge
  • 5.4Recommendations for Future Research
  • 5.5Conclusion and Implications

Project Abstract

<p> </p><div><p>Monetary policy consists of discretionary measures designed by monetary authorities to regulate and influence the supply, cost and direction of money and credit provided to the economy. This aspect of macroeconomic policy remains one of the cornerstones of economic policy formulation and implementation. Monetary policy is relevant irrespective of the economic framework in place.</p><p>With the adoption of the inflation, this study examine the impact of monetary policy in Nigeria using econometric techniques, a model that captures the impact of inflation on monetary policy is specified and estimated using the techniques of Ordinary Least Square for the period of 1985-2008.</p><p>The main findings emerging in this study indicated that the demand for money has an inverse relationship between the level of interest rates and inflationary rates. The study also advocated for the inclusion of partial adjustment scheme while modeling money demand functions and hence monetary policy in Nigeria.</p><p></p></div><h3></h3><br> <br><p></p>

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