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  • 标题:Monetary policy shocks and industrial output in Nigeria: a dynamic effect
  • 本地全文:下载
  • 作者:Akanbi Michael Olanrewaju ; Dada James Temitope
  • 期刊名称:African Journal of Economic Review
  • 印刷版ISSN:1821-8148
  • 出版年度:2018
  • 卷号:6
  • 期号:1
  • 页码:72-86
  • 语种:English
  • 出版社:African journals online
  • 摘要:The study examines the dynamic effect of positive and negative monetary policy shocks on industrial output in Nigeria. Quarterly secondary data covering the period from 1986 to 2015 were used for the study. Applying Autoregressive Distributed Lag (ARDL), the results shows that both negative monetary policy shocks and positive monetary policy shocks have negative effect on industrial output in Nigeria both in the short run and in the long run. The study recommend that monetary policy should the used with caution in Nigeria.Keyword: Positive Monetary Policy Shock, Negative Monetary Policy Shock, Industrial Output, ARDL.
  • 关键词:Positive Monetary Policy Shock;Negative Monetary Policy Shock;Industrial Output;ARDL
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