Research Department, Central Bank of Nigeria
Dominant channel, Transmission mechanism, Monetary policy
The paper aims at identifying the dominant channels of monetary policy transmission in Nigeria. The standard vector autoregressive methodology was adopted. The inferences from the study shows that the lending rate provides the strongest nexus for the propagation of monetary policy impulses in Nigeria.
Mbutor, M. O. (2009). The dominant channels of monetary policy transmission in Nigeria: an empirical investigation. Economic and Financial Review, 47(1), 45-68.