The Demand for Monetary Function in Nigeria: An Empirical Investigation

Authors

F. O. Oresotu, Central Bank of Nigeria
Charles N.O. Mordi, Central Bank of NigeriaFollow

Publisher

Central Bank of Nigeria

Keywords

Monetary Function, Nigeria

Abstract

This paper provides _further empirical evidence ,in the nature ,if the demand for money function in Nigeria for the period 1960-1991. 'The paper also addressed the issue of the appropriate adjustment process, structural stability of the estimated equation, as well as the influence of external factors on money demand function in an open economy, such as Nigeria.

Author Bio

The authors are Deputy Director of Research and Principal Economist, respectively, in the Research Department, Central Bank of Nigeria

Publication Title

CBN Economic and Financial Review

Issue

1

Volume

30

Recommended Citation

Oresotu F. O. & Mordi, Charles N. O. (1992). The Demand for Monetary Function in Nigeria: An Empirical Investigation. CBN Economic and Financial Review. 30(1), 32-69.