Openness and Real Effects of Fiscal and Monetary Policies in Nigeria - SAIBU, Olufemi
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The book examines the real effects of monetary and fiscal policies in Nigeria. This is with a view to establishing the validity of open economic vrsion of macroeconomic policy ineffectiveness proposition of new classical school in Nigeria. The book is organized into seven chapters. In chapter one, the background information to the research problem is clearly articulated. Chapter two provides a review of existing studies in attempt to identify the gaps in the literature. Chapter three presents the methodology while chapter four, appraises the underlining macroeconomic factors explain…mehr

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Produktbeschreibung
The book examines the real effects of monetary and fiscal policies in Nigeria. This is with a view to establishing the validity of open economic vrsion of macroeconomic policy ineffectiveness proposition of new classical school in Nigeria. The book is organized into seven chapters. In chapter one, the background information to the research problem is clearly articulated. Chapter two provides a review of existing studies in attempt to identify the gaps in the literature. Chapter three presents the methodology while chapter four, appraises the underlining macroeconomic factors explain fluctuations in real outputs in Nigeria. In chapter five, GARCH and VECM approaches are used for analyzing of the real effects of monetary and fiscal policies using annual time series data from Nigeria (1960-2003). In Chapter six, the variance decomposition and impulse response functions is used to determine the real output responses to innovations to monetary and fiscal policies as well as openness and real oil price shocks. Chapter seven summarizes with conclusion and provides some policy implications based on the outcomes of our findings from the study
Autorenporträt
M.Olufemi SAIBU is a Senior Lecturer in Department of Economics,Obafemi Awolowo University.He has published over 25 articles on macroeconomic issues from effect of fiscal policy, monetary policy,trade policy and more recently to tax policy and energy policy.He's married to Bola,with four daughters; Azizah,Abibah,Alimah and Amidah.