International records / OpenAlex research

Theoretical Linkages and Policy Implications of Money Supply Management on Macroeconomic Stability in Nigeria

This study examines the theoretical linkages and policy implications of money supply management on macroeconomic stability in Nigeria. Using an Autoregressive Distributed Lag (ARDL) model, the study finds that money supply has a significant impact on inflation stability and economic growth in Nigeria. The results also suggest that fiscal policy, as represented by government expenditure, has a significant impact on inflation stability and economic growth. The study concludes that monetary policy, as represented by money supply and Monetary Policy Rate (MPR), and fiscal policy, as represented by…