International records / OpenAlex research

Impact of Liquidity Management on Inflation in Selected ECOWAS Countries

This study examined the impact of liquidity management on inflation in Nigeria, Ghana, and Côte d'Ivoire over the period 1990–2024. Guided by the Monetarist Theory and the Quantity Theory of Money, it investigated the effects of broad money supply, monetary policy rate, exchange rate, gross domestic product, and government expenditure on inflation using annual secondary data. The study employed the Panel Autoregressive Distributed Lag (Panel ARDL) model with the Pooled Mean Group (PMG) estimator, while the Augmented Mean Group (AMG) and Common Correlated Effects Mean Group (CCEMG) estimators w…