Money supply and inflation in Nigeria: the myth of the monetarist theory of inflation
The inability of Nigeria to make its inflation rate a single digit motivates this study. This paper aims to empirically investigate whether inflation is solely caused by the increase in money supply beyond what is required by the economy, as maintained by monetarists using Nigerian data. Autoregress...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
School of Economics, Finance and Banking, Universiti Utara Malaysia
2020
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/28178/1/JES%202%202%202020%201%2013.pdf |