Money Supply and Inflation in Nigeria: The Myth of Monetarist Theory of Inflation
Objective: The main aim of this paper is to empirically investigate whether money supply is the sole determinant of inflation in Nigeria as maintained by monetarist theory that “inflation everywhere is monetary phenomenon”.Methodology: A time series data for a period of 46 years was used.Unit root w...
Main Authors: | , , |
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Format: | Conference or Workshop Item |
Language: | English |
Published: |
2017
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/24827/1/2nd%20IRC%202017%2064.pdf |