{"id":"https://openalex.org/W3090984305","doi":null,"title":"A reassessment of money demand in Nigeria","display_name":"A reassessment of money demand in Nigeria","publication_year":2018,"publication_date":"2018-01-01","ids":{"openalex":"https://openalex.org/W3090984305","mag":"3090984305"},"language":"en","primary_location":{"id":"pmh:oai:econstor.eu:10419/191711","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/191711","pdf_url":"http://hdl.handle.net/10419/191711","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/10419/191711","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5113867398","display_name":"Moses Kpughur Tule","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Moses K. Tule","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5083495697","display_name":"Usman M. Okpanachi","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Usman M. Okpanachi","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5015242567","display_name":"Patricks Ogiji","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Patricks Ogiji","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5076114842","display_name":"Nurudeen Usman","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Nurudeen Usman","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.3983,"has_fulltext":true,"cited_by_count":12,"citation_normalized_percentile":{"value":0.89542454,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":97},"biblio":{"volume":"09","issue":"1","first_page":"47","last_page":"75"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/money-demand","display_name":"money demand","score":0.9860000014305115},{"id":"https://openalex.org/keywords/m2-money-supply","display_name":"M2 money supply","score":0.8330000042915344},{"id":"https://openalex.org/keywords/nigeria","display_name":"Nigeria","score":0.5479999780654907},{"id":"https://openalex.org/keywords/stock-prices","display_name":"stock prices","score":0.7630000114440918},{"id":"https://openalex.org/keywords/financialization","display_name":"financialization","score":0.8840000033378601},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.6800000071525574},{"id":"https://openalex.org/keywords/long-run-money-demand","display_name":"long-run money demand","score":0.6000000238418579},{"id":"https://openalex.org/keywords/real-exchange-rate","display_name":"real exchange rate","score":0.75},{"id":"https://openalex.org/keywords/foreign-interest-rates","display_name":"foreign interest rates","score":0.953000009059906},{"id":"https://openalex.org/keywords/gross-domestic-product","display_name":"gross domestic product","score":0.5559999942779541},{"id":"https://openalex.org/keywords/monetary-aggregates","display_name":"monetary aggregates","score":0.5320000052452087}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.48950302600860596},{"id":"https://openalex.org/C2778816174","wikidata":"https://www.wikidata.org/wiki/Q1499538","display_name":"Demand for money","level":3,"score":0.4863925278186798},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3481733798980713},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.22886717319488525},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.07576367259025574}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:econstor.eu:10419/191711","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/191711","pdf_url":"http://hdl.handle.net/10419/191711","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"},{"id":"mag:3090984305","doi":null,"is_oa":false,"landing_page_url":"https://www.econstor.eu/bitstream/10419/191711/1/1039901352.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306505783","display_name":"CBN Journal of Applied Statistics (JAS)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"CBN Journal of Applied Statistics (JAS)","raw_type":null}],"best_oa_location":{"id":"pmh:oai:econstor.eu:10419/191711","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/191711","pdf_url":"http://hdl.handle.net/10419/191711","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","score":0.48510000109672546,"display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3090984305.pdf","grobid_xml":"https://content.openalex.org/works/W3090984305.grobid-xml"},"referenced_works_count":20,"referenced_works":["https://openalex.org/W1528079447","https://openalex.org/W1531653575","https://openalex.org/W1534798215","https://openalex.org/W1975994995","https://openalex.org/W1981929425","https://openalex.org/W1998191823","https://openalex.org/W2058386323","https://openalex.org/W2069385806","https://openalex.org/W2097580026","https://openalex.org/W2112758862","https://openalex.org/W2117928239","https://openalex.org/W2123908125","https://openalex.org/W2154656171","https://openalex.org/W2185093369","https://openalex.org/W2236155980","https://openalex.org/W2313819453","https://openalex.org/W2323266160","https://openalex.org/W2326870955","https://openalex.org/W2409532567","https://openalex.org/W2794466984"],"related_works":["https://openalex.org/W1554620358","https://openalex.org/W2903984152","https://openalex.org/W2158409008","https://openalex.org/W2188271514","https://openalex.org/W2908781400","https://openalex.org/W1568124393","https://openalex.org/W6968731368","https://openalex.org/W2769653904","https://openalex.org/W2187091282","https://openalex.org/W2181320615"],"abstract_inverted_index":{"This":[0],"paper":[1],"re-examines":[2],"broad":[3,59,94],"money":[4,60,95],"(M2)":[5],"demand":[6],"and":[7,33,43,53,69],"its":[8,34],"stability":[9],"in":[10,63,105],"Nigeria":[11],"using":[12],"the":[13,22,57,72,76,81,89,93],"Autoregressive":[14],"Distributed":[15],"Lag":[16],"(ARDL)":[17],"bounds":[18],"testing":[19],"procedure.":[20],"First,":[21],"results":[23],"indicate":[24],"that":[25],"a":[26,51,99],"stable":[27],"long-run":[28,58],"relationship":[29],"exists":[30],"between":[31],"M2":[32],"determinants":[35],"including":[36],"GDP,":[37],"stock":[38,48],"prices,":[39],"foreign":[40],"interest":[41],"rates":[42],"real":[44],"exchange":[45],"rate.":[46],"Furthermore,":[47],"prices":[49],"showed":[50],"significant":[52],"positive":[54],"effect":[55],"on":[56],"demand,":[61],"which":[62],"some":[64],"ways":[65],"reflect":[66],"increased":[67],"'financialization'":[68],"integration":[70],"of":[71,83,92],"Nigerian":[73],"economy":[74],"into":[75],"global":[77],"economic":[78],"system.":[79],"Overall,":[80],"findings":[82],"this":[84],"study":[85],"lend":[86],"credence":[87],"to":[88],"continued":[90],"relevance":[91],"aggregate,":[96],"M2,":[97],"as":[98],"benchmark":[100],"for":[101],"monetary":[102],"policy":[103],"implementation":[104],"Nigeria.":[106]},"counts_by_year":[{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":4},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":1}],"updated_date":"2026-11-10T11:39:43.021295","created_date":"2020-10-08T00:00:00"}