The Impact Of Monetary Policy On Unemployment And Price Stability In Nigeria (1981-2022)

Project and Seminar Material for Economics

The Impact Of Monetary Policy On Unemployment And Price Stability In Nigeria (1981-2022)


Research Questions


  1. What are the impact of monetary policy on unemployment trends in Nigeria from 1981 to 2022?.

  2. What are the relationship between monetary policy measures, such as interest rate adjustments and reserve requirements, and fluctuations in the unemployment rate?.

  3. What are the effectiveness of monetary policy transmission channels in influencing labor market dynamics and unemployment outcomes?.

  4. What are the effect of monetary policy interventions on price stability in Nigeria over the study period?.

  5. What are the interactions between monetary policy actions, inflation expectations, and actual inflation outcomes, with a focus on identifying key determinants of price stability in the Nigerian economy?.

Table of Content


  • Title Page
  • Certification
  • Dedication
  • Acknowledgement
  • Table of Content
  • List of Tables
  • Abstract

Chapter One

Introduction

  • 1.1 Background of the Study
  • 1.2 Statement of the Problem
  • 1.3 Research Objectives
  • 1.4 Research Questions
  • 1.5 Significance of the Study
  • 1.6 Scope and Limitations
  • 1.7 Definition of Terms

Chapter Two

Literature Review

  • 2.0 Introduction
  • 2.1 Theoretical Framework
  • 2.1.1 Concept of Monetary Policy
  • 2.1.2 Theoretical Perspectives on Unemployment
  • 2.1.3 Theoretical Perspectives on Price Stability
  • 2.2 Empirical Studies on Monetary Policy in Nigeria
  • 2.2.1 Historical Overview
  • 2.2.2 Key Findings
  • Table 2.2.2: Key Findings on Monetary Policy in Nigeria
  • 2.3 Relationship Between Monetary Policy, Unemployment, and Price Stability
  • 2.3.1 Direct and Indirect Effects
  • 2.3.2 Channels of Transmission

Chapter Three

Research Methodology

  • 3.0 Introduction
  • 3.1 Research Design
  • 3.1.1 Descriptive Analysis
  • 3.1.2 Econometric Analysis
  • 3.2 Data Collection
  • 3.2.1 Sources of Data
  • 3.2.2 Data Variables
    3.3.1 Time-series Analysis
  • 3.3.2 Regression Analysis
  • 3.4 Model Specification

Chapter Four

Result and Overview of Monetary Policy in Nigeria (1981-2022)

  • 4.0 Introduction
  • 4.1 Evolution of Monetary Policy
  • 4.1.1 Pre-1980s Era
  • 4.1.2 Structural Adjustment Programs
  • 4.1.3 Impact of Monetary Policy on Unemployment Trends in Nigeria From 1981 to 2022.
  • 4.2 Analysis on the Relationship Between Monetary Policy Measures
  • 4.3 Instruments of Monetary Policy
  • 4.3.1 Analysis on Interest Rates
  • 4.3.2 Reserve Requirements
  • 4.4 Discussion of Findings

Chapter Five

Summary, Conclusion and Recommendation

  • 5.0 Introduction
  • 5.1 Summary
  • 5.2 Conclusion
  • 5.3 Recommendation
  • References

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