Financial inclusion and monetary policy in West Africa / Sa'ad Babatunde Akanbi ... [et al.]

The study investigated the impact of financial inclusion on the effectiveness of monetary policy in West Africa for the period 2005 to 2018. The study employed Granger panel non-causality test developed by Dumitrescu and Hurlin to determine the direction of causality between inflation (a proxy for m...

Full description

Saved in:
Bibliographic Details
Main Authors: Akanbi, Sa'ad Babatunde (Author), Dauda, Ridwan Olamilekan (Author), Yusuf, Hammed Agboola (Author), Abdulrahman, Abdulganiyu Idris (Author)
Format: Book
Published: Universiti Teknologi MARA Selangor, 2020-05.
Subjects:
Online Access:Link Metadata
Tags: Add Tag
No Tags, Be the first to tag this record!

MARC

LEADER 00000 am a22000003u 4500
001 repouitm_32109
042 |a dc 
100 1 0 |a Akanbi, Sa'ad Babatunde  |e author 
700 1 0 |a Dauda, Ridwan Olamilekan  |e author 
700 1 0 |a Yusuf, Hammed Agboola  |e author 
700 1 0 |a Abdulrahman, Abdulganiyu Idris  |e author 
245 0 0 |a Financial inclusion and monetary policy in West Africa / Sa'ad Babatunde Akanbi ... [et al.] 
260 |b Universiti Teknologi MARA Selangor,   |c 2020-05. 
500 |a https://ir.uitm.edu.my/id/eprint/32109/1/AJ_SA%27AD%20BABATUNDE%20AKANBI%20JEEIR%20B%2020.pdf 
520 |a The study investigated the impact of financial inclusion on the effectiveness of monetary policy in West Africa for the period 2005 to 2018. The study employed Granger panel non-causality test developed by Dumitrescu and Hurlin to determine the direction of causality between inflation (a proxy for monetary policy) and indicators of financial inclusion. The system GMM was also employed to investigate the impact of each indicator of financial inclusion on monetary policy. The results show that financial inclusion is a significant determinant of monetary policy. The study concludes that financial inclusion should be broadened to include a large number of economic agents in the rural areas and informal sector because a large volume of financial transactions takes place within this sector. 
546 |a en 
690 |a Monetary policy 
690 |a Malaysia 
655 7 |a Article  |2 local 
655 7 |a PeerReviewed  |2 local 
787 0 |n https://ir.uitm.edu.my/id/eprint/32109/ 
856 4 1 |u https://ir.uitm.edu.my/id/eprint/32109/  |z Link Metadata