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Project topics and materials on "Open Market Operation"

• 1. AN EVALUATION OF OPEN MARKET OPERATION AS AN INSTRUMENT OF MONETARY POLICY IN NI...

  » ABSTRACT Generally, both fiscal and monetary policies seek at achieving relative macroeconomic stability. Based on countries' experience on the role of monetary policy in controlling economics instability, this study examines the efficacy of monetary policy in controlling inflation rate and exchange rate instability. The analysis performed is based on a rational expectation framework that incorpor...Continue Reading »

  Item Type: Project Material |  56 pages |  14,738 engagements | 

• 2. TRADE OPENNESS AND OUTPUT GROWTH IN NIGERIA: AN ECONOMETRIC ANALYSIS (1970-2007)

  » ABSTRACT This research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade openness and output growth in Nigeria. Using time series data over the period 1970 2007, we show that output growth of the Nigeria economy is a function of two sets of shocks; (i) external shocks (openness and real exchange rate) and (ii) in...Continue Reading »

  Item Type: Project Material |  57 pages |  15,487 engagements |