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- W210338081 abstract "This paper investigates the core leading determinants of financial savings in Nigeria using ordinary least square (OLS) econometric framework. The empirical results show a positive influence of GDP growth per capita income (PCY), spread (SLS), broad money supply (M2), and debt service ratio (DSR) and negative influence of both real interest rate (RIR) and domestic inflation rate. The paper therefore submits that effort should be geared towards improving per capita income by reducing the unemployment rate in the country in a bid to accelerate growth through savings. There should also be an intensified effort to stabilise inflation at moderate levels so as to ameliorate its negative impact on real rates, spread and financial liberalisation and/or financial deepening in Nigeria." @default.
- W210338081 created "2016-06-24" @default.
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- W210338081 date "2007-01-01" @default.
- W210338081 modified "2023-09-27" @default.
- W210338081 title "Core Determinants of Financial Savings in Nigeria: An Empirical Analysis for National Monetary Policy Formulation" @default.
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