Determinants of Demand for Money Function in a Developing Economy

The identification of what constitutes the demand for money function in an economy plays a crucial role in the pursuit of targeted monetary growth. This book, Money Demand Function in a Developing Economy: The Nigeria’s Experience, provides a comprehensive analysis of what really constitutes the money demand function in a developing economy like Nigeria. It offers a good balance between theory and empirical. That is, it provides an avenue for empirical testing of theories and models as regards to what should or should not constitute money demand function in Nigeria. This is achieved by specifying and estimating econometric models, testing them, simulating them and using them for prediction and policy purposes.

Emeka Nkoro is a PhD student in the University of Port Harcourt, Nigeria. He obtained his B.Sc in Economics and Statistics, M.Sc in Economics, specializing in Monetary Economics. Aham Kelvin Uko is also a PhD student in the same university. He obtained his B.Sc in Banking and Finance, MBA in Banking and Finance and MBA in Marketing and M.Sc in Economics.