Causes of Interest Rate Volatility and its Economic Implications in Nigeria
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2013, Vol 3, Issue 4
Abstract
The paper explored causes of interest rate volatility and its implications on the socio-economic development of Nigeria for the year 2000 – 2005 periods. Its objective had been the provision of a deeper understanding of the causes of interest rate volatility and whether this has effects on the Nigerian economy. Data for this study were mainly collected from secondary sources and have been log- linearised. An econometric model specification was then built and E-View 5.0 software was used in computing the data regression analysis. Findings of the study were drawn and indicated the relationship between the dependent variable (interest rate) and independent variables (money supply and required reserve ratio). The research study was concluded with a detailed discussion and recommendations based on the findings.
Authors and Affiliations
Wehnam Peter Dabale, Nelson Jagero
Keywords
Related Articles
- EP ID EP87879
- DOI 10.6007/IJARAFMS/v3-i4/304
- Views 127
- Downloads 0
The Influence of Information Technology on Application of Accrual Accounting
The purpose of this research is to find out information technology influences the application of accrual accounting. Accrual accounting is presented for operational reports (LO). LO presents an overview of economic resou...
Comprehensive View of the Factors Associated with Knowledge Sharing and Organizational Innovation
Knowledge sharing and Innovation important topics at this century because all organizations lead employee to create new ideas also, transfer knowledge to increase performance interaction. This research paper examine the...
Determinants of Number of Bankers by Listed Nigerian Firms
Applied Financial Mathematical Model for Derivative Instruments and Hedging Exchange Rate
Analysis of Non-Interest Income of Commercial Banks in Ghana
Banks in recent times have changed their focus from depending heavily on interest income to generating revenue from fee generating activities. This paper identifies and discusses some factors common with banks that engag...