Awopegba, Oluwafemi E.; Afolabi, Joseph O.; Adeoye, Lydia T. - In: CBN Journal of Applied Statistics 13 (2022) 1, pp. 93-121
This study examines the effect of monetary policy rate (MPR) on market interest rates in Nigeria. For parsimony, we develop two indexes called the short-term in- terest rate (SINT) and Lending interest rate (LINT) to represent deposit and lending rates respectively. The nonlinear autoregressive...
