Domestic Credit Growth and International Capital Flows: implications for monetary policy management in Nigeria
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Date
2013-12
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Research Department, Central Bank of Nigeria
Abstract
This paper investigates the effect of foreign capital
flows on domestic credit growth, specifically, and its implication for monetary
policy. The paper is structured into 6 sections. Section 2 provides the review of
related theoretical and empirical literature. Section 3 provides stylized facts on
the structure and changing structure of domestic credit and international capital
flows in Nigeria while section 4 deals with capital flows and the dynamics of
monetary policy in Nigeria. Section 5 provides the empirical analysis, while section
6 concludes the study.
Description
Keywords
Domestic Credit Growth, International Capital Flows, Monetary Policy Management, Nigeria
Citation
Tule, Moses K. (2013). Domestic Credit Growth and International Capital Flows: implications for monetary policy management in Nigeria. Economic and Financial Review, 51(4), 97-128.