Monetary Policy and Inclusive Growth in Nigeria

Abstract

The objective of the study is to determine the impact of monetary policy on inclusive growth. The study employed multivariate regression model to establish the effect. Data was collected on PCI as proxy for inclusive growth, and exchange rate, interest rate and money supply as monetary policy tools. The OLS technique revealed a significant variation between money supply and inclusive growth which implies that it will be in the best interest of the populace if monetary policy measures are employed to effect changes in the economy.

Keywords: Growth, Monetary Policy, Nigeria, inclusive

Article Review Status: Published

Pages: 1-9 (Download PDF)

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