International records / OpenAlex research
Fiscal Deficit, Financing Options and Macroeconomic Stability in Nigeria: A Disaggregated Approach
The study examines empirically the relationship between fiscal deficits and macroeconomic stability in Nigeria from 1970 to 2016.The data for the empirical analysis was sourced from secondary sources such as the CBN statistical bulletin.The study used Inflation Rate (INFL) and Exchange Rate (EXCR) to proxy macroeconomic stability whereas Overall Fiscal Deficits (OFDE), fiscal deficit financed by Domestic Borrowing (DBFD), fiscal deficit financed by External Borrowing (EBFD), Interest Rate (INTR), Money Supply (MS), Foreign Direct Investment (FDI) and External Reserve Balance (EXTR) are used as…
