Money Supply and Inflation: Appraising Friedman's Theory In Nigeria A Roadmap To Effective Monetary Policies
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- Englisch ausgewählt
Fr. 67.90
inkl. gesetzl. MwSt.,
Beschreibung
Produktdetails
Einband
Taschenbuch
Erscheinungsdatum
28.11.2011
Verlag
LAP LAMBERT Academic PublishingSeitenzahl
80
Maße (L/B/H)
22/15/0.5 cm
Gewicht
137 g
Auflage
1. Auflage
Sprache
Englisch
ISBN
978-3-8465-9679-1
The Nigerian economy has defied many acceptable postulations in recent times. It is a common knowledge that the monetary authorities in Nigeria have had difficulties achieving a consistent single inflation digit and this has been a concern. Incidentally, the role money play in the inflationary process still remains a highly controversial issue. Although Friedman and his apostles claim that money plays an active role and leads to changes in income and prices, the Keynesian, on the other hand, argue that money does not play an active role in changing income and prices. Mr. Chime's work has helped in answering key questions regarding; the causal relationship between money supply and inflation; long run relationship between money demand and inflation in Nigeria and the stability of money demand function in Nigeria. His findings will also create avenues for effective policy making in third world economies. - Prof. Joseph Lawrence Odili
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