Fiscal Dominance and the Effectiveness of Monetary Authority in Nigeria 1980-2020
Monica A. Orisadare,
Owolabi Williams Adeyemi
Abstract:The study examined the existence as well as the degree of fiscal dominance in Nigeria. Annual time series secondary data for the period 1980-2020 were employed in the study. Specifically, data on fiscal deficit, public debt, government expenditure, money supply, interest rate, and real Gross Domestic Product (GDP) for the study period were obtained from the Central Bank of Nigeria (CBN, 2020), and the World Development Indicators (WDIs, 2020). The study used descriptive statistics in form of tables, and the Dy… Show more
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