Effectiveness of the Exogegenous and Endogenous Variables as Determinants of Money Supply in Nigeria: 1980-2019.
This work dealt on the effectiveness of the exogenous and endogenous variables as determinants of money supply in Nigeria. It is a contribution to the existing debate on money supply exogeniety/endogeneity concepts. To examine these issues, this work adopted two models and used annual time-series data for the period 1980 to 2019. It employed the ordinary least square (OLS) technique, the unit root test, the Johansson co-integration procedure and the error correction mechanism (ECM) to analyse the data