TY  - JOUR
T1  - Stationarity Analysis of the Impact of Monetary Policy on the Economic Performance in Nigeria
AU - , Sola Olorunfemi AU - , Faloye Olaleye Dotun 
JO  - Pakistan Journal of Social Sciences
VL  - 5
IS  - 6
SP  - 562
EP  - 566
PY  - 2008
DA  - 2001/08/19
SN  - 1683-8831
DO  - pjssci.2008.562.566
UR  - https://makhillpublications.co/view-article.php?doi=pjssci.2008.562.566
KW  - Stationarity
KW  -monetary policy
KW  -economic performance
KW  -GDP
KW  -Nigeria
AB  - The study looked at the impact of monetary policy on the economic performance in Nigeria. The study made use of unit root and cointegration test so as to correct the mistake of most previous studies that were based on spurious regression. The study found out that for the periods covered in the study. There was negative relationship between interest rate and GDP while there was positive relationship between inflation rate and interest rate. Effort should therefore be made by government to reduce the interest rate charge by bank, which will thereafter affect the level of overall growth of the economy.
ER  -