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Abstract


The study examined inflation targeting as a framework for monetary policy in developing countries usingNigeriaas a case study. The approach of this study, which offers a number of operational advantages, appears to be very promising for developing countries like Nigeria which started since 2000. Inflation targeting also have impact on the achievement of price stability, economic growth, and high level of employment and favourable balance of payment.     In this model, specified inflation is the regressed while interest rate, money supply, fiscal Spending, exchange rate and GDP are the regressor.   Data was collected from CBN statistical bulletin for the period of 1980-2009. The statistical techniques employed for the analysis is the aid of PcGive 8.00 software package.

Bank: GTBank
Account Name: Prince Orafu
Account Number: 0109980866


Bank: Diamond Bank
Account Name: Prince Orafu
Account Number: 0065070861

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