A Dynamic Analysis of the Determinants of International Reserves in Nigeria
| International Journal of Economics and Management Studies |
| © 2015 by SSRG - IJEMS Journal |
| Volume 2 Issue 1 |
| Year of Publication : 2015 |
| Authors : Onoja Joan Egbe |
10.14445/23939125/IJEMS-V2I1P101
How to Cite?
Onoja Joan Egbe, "A Dynamic Analysis of the Determinants of International Reserves in Nigeria," SSRG International Journal of Economics and Management Studies, vol. 2, no. 1, pp. 1-4, 2015. Crossref, https://doi.org/10.14445/23939125/IJEMS-V2I1P101
Abstract:
In this study we set out to investigate the dynamic determinants of demand for foreign exchange reserves in Nigeria. Indeed, only a few studies have been done in this area in Nigeria, especially using a dynamic specification. This study therefore is to apply the Error Correction Methodology (ECM) to determine both the short-run dynamics and the longrun relationships that exist in the demand for reserves in Nigeria. Moreover, we seek to incorporate both the traditional views and monetary approach to the study of the demand for foreign reserves function in Nigeria.
Keywords:
fixed exchange rate,foreign exchange reserves.
References:
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