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Financial innovation and the stability of money demand in Nigeria.

Studies that explore the relationship between financial innovation and the stability of money demand in Africa use the indirect measure of financial innovation. Previous studies on Nigeria also ignored total monetary aggregates (M3), despite its importance to monetary policy formulation and liquidit...

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Published in:African Development Review / Revue Africaine de Développement Vol. 34; no. 2; pp. 215 - 232
Main Authors: Ujunwa, Augustine, Onah, Emmanuel, Ujunwa, Angela Ifeanyi, Okoyeuzu, Chinwe R, Kalu, Ebere Ume
Format: Article
Published: Wiley-Blackwell Jun2022
Subjects:
Nigeria
Money supply
Demand for money
Financial security
Demand function
Cointegration
Monetary policy
Managerial economics
Online Access:View this record in EBSCOhost