The effect of fiscal policy measures in controlling inflation in Nigeria Department:Banking and Finance By: Timmyreign101 Project ID: 8253 Rating: (3.3) votes: 6 Price:₦3000 Get the Complete MaterialAbstractThis study examined the effectiveness of fiscal policy measures in controlling inflation in Nigeria. Secondary data from 1990 to 2021 were used, and data was analysed for auto-regressive distributed lag (ARDL). Augmented Dickey-Fuller unit root tests were employed to assess the level of integration of the variables under study, which included government expenditure, tax, external debt, and inflation. The research found that certain fiscal variables namely total revenue, government expenditure, and money supply, exhibited stationarity at the levels, while the consumer price index and external debt were non-stationary. The transformation of non-stationary variables into I(1) order allowed for the application of auto-regressive distributed lag (ARDL) techniques to explore the existence of a long-run relationship between fiscal policy and inflation, which was confirmed. The empirical findings revealed that fiscal policy had a potential role in reducing inflation in Nigeria, though the individual variables did not consistently exhibit statistically significant effects. Money supply was identified as a significant driver of inflation. The results also suggested that fiscal policy coordination and monitoring of money supply are pivotal for effective inflation control. The study underscores the importance of ongoing research and analysis in adapting fiscal policies in response to evolving economic conditions. These findings offer insights for policymakers seeking to enhance fiscal policy’s effectiveness in managing inflation in Nigeria. Keywords Fiscal, Inflation, Expenditure, Tax, Debt, Revenue ...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)