18 The Long-Run Relationship between Foreign Reserves Inflows and Domestic Credit: Evidence from a Small Open Economy
This paper investigates whether the Balance of Payments disequilibrium is a monetary phenomenon. The money demand function was formulated and utilised in the empirical testing of the monetary approach to balance of payments in Nigeria. The study applied the Johansen cointegration test, Pantula pr...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Danubius University
2015-04-01
|
| Series: | Acta Universitatis Danubius: Oeconomica |
| Subjects: | |
| Online Access: | http://journals.univ-danubius.ro/index.php/oeconomica/article/view/2738/2382 |