On the stability of the money multiplier in Nigeria: Co-integration analyses with regime shifts in banking system liquidity

The study hypothesized the existence of regime shifts in the conduct of monetary policy, occasioned by changing liquidity conditions in the domestic banking system in Nigeria. Within the context of this prognosis, the study tests the stability of the money multiplier, utilizing methodological proced...

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Bibliographic Details
Main Authors: K. Moses Tule, O. Taiwo Ajilore
Format: Article
Language:English
Published: Taylor & Francis Group 2016-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:http://dx.doi.org/10.1080/23322039.2016.1187780