The Effect of Monetary Policy on the Nigerian Deposit Money Bank System

2014 ◽  
Vol 3 (1) ◽  
pp. 39-52
Author(s):  
Alex Ehimare Omankhanlen
Keyword(s):  
Monetary Policy ◽  
Regulatory Authority ◽  
Banking System ◽  
Least Square ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
Effect Of Monetary Policy ◽  
Bank System ◽  
Reserve Ratio ◽  
Nigerian Banking

This study investigates the effect of monetary policy on the Nigerian Deposit Money Bank (DMB) System. The Nigerian banking system is currently under-going a series of reforms in order to enhance its competitiveness and efficiency. The Ordinary Least Square (OLS) method is used to examine the effect of monetary policy on the Nigerian Deposit Money Bank System, using such variables as total loans and advances (TLA) as dependent variable and liquidity ratio (LR),cash reserve ratio (CRR), monetary policy rate (MPR), and average exchange rate (AER) as independent variables. The result of the findings shows that monetary policy rate reveal the most significant effect on commercial banks loans and advances during the period under study. The study thus recommends, among others, that the regulatory authority Central Bank of Nigeria should create credit procedures, policies and analytical capabilities which should be entrenched in the credit management of DMB's operations.

Dampak Kebijakan Moneter Pada Output Di Negara-Negara ASEAN Tahun 1980-2014

2017 ◽  
Vol 4 (1) ◽  
pp. 58-70
Author(s):  
Nur Widiastuti
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Fixed Effects ◽  
Empirical Studies ◽  
Negative Relationship ◽  
Least Square ◽  
Fixed Effects Model ◽  
State Data ◽  
Ordinary Least Square ◽  
The Impact

The Impact of monetary Policy on Ouput is an ambiguous. The results of previous empirical studies indicate that the impact can be a positive or negative relationship. The purpose of this study is to investigate the impact of monetary policy on Output more detail. The variables to estimatate monetery poicy are used state and board interest rate andrate. This research is conducted by Ordinary Least Square or Instrumental Variabel, method for 5 countries ASEAN. The state data are estimated for the period of 1980 – 2014. Based on the results, it can be concluded that the impact of monetary policy on Output shown are varied.Keyword: Monetary Policy, Output, Panel Data, Fixed Effects Model

scholarly journals Dampak Ekonomi dan Kesehatan pada Konsumen Rokok Elektronik di Kota Bandung

2019 ◽  
Author(s):  
Estro Dariatno Sihaloho ◽  
Irlan Adiyatma Rum
Keyword(s):  
Electronic Cigarettes ◽  
Economic Effects ◽  
Electronic Cigarette ◽  
Least Square ◽  
Cigarette Consumption ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
Different Characteristics

Consumers of conventional cigarettes have begun to switch to using electronic cigarettes. Having different characteristics of these two kinds of cigarettes make the different health and economic effects to consumers. This study uses Ordinary Least Square (OLS) method to analyze the influence of electronic cigarette usage on conventional cigarette usage in Bandung in 2017. This study used 200 respondents of electronic cigarette users. This study uses the amount of conventional cigarette consumption after using electronic cigarette per day (Y) as the dependent variable. For independent variables, this study uses conventional cigarette consumption before using electronic cigarette per day (X1), total liquid of electronic cigarette consumption per month (X2), monthly electronic cigarette expenditure (X3), and respondent's perception whether using electronic cigarette more healthy (X4). Regression results showed that X1 and X4 have significant effect on Y. The increase of 1 stem of conventional ciga-rettes consumption before using electronic cigarette per day (X1) will increase the consumption of conventional cigarettes after using electronic cigarette per day (Y) of 0.1618005 stem. While with the respondent's perception that using electronic cigarette is healthier (X4) will reduce the consumption of conventional cigarettes (Y) as much as 5.169504 stems

scholarly journals Pengaruh umur, pendidikan, upah, keterampilan, dan jenis kelamin terhadap lama mencari kerja bagi pekerja terdidik di Kota Jambi (studi kasus Kecamatan Kota Baru dan Telanaipura)

2020 ◽  
Vol 9 (1) ◽  
pp. 1-12
Author(s):  
Cici Swarsih ◽  
Junaidi Junaidi ◽  
Rosmeli Rosmeli
Keyword(s):  
Sampling Method ◽  
Least Square Method ◽  
Total Sample ◽  
Least Square ◽  
Primary Data ◽  
Wage Level ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
And Gender ◽  
Multistage Sampling

This study aims to analyze the characteristics of educated workforce and to determine the effect of variables of age, education, wage level, skills and gender on duration of looking for work by educated worker in Jambi City. The data used in this study are primary data obtained from questionnaires and direct interviews with a total sample of 110 respondents. Sampling in this study uses a multistage sampling method that is sampling in stages. Data analysis methods used are descriptive and quantitative analysis. The analytical tool used is the OLS (Ordinary Least Square) method. The results of this study indicate that the independent variables simultaneously have a significant effect on duration of looking for work. Partially the variables of age, education, wage level have a significant effect on duration of looking for work, while the skills and gender variables have no significant effect on the duration of looking for work.

scholarly journals Fraud Pentagon Model for Detecting Fraudulent Financial Reporting in Banking Sector

2020 ◽  
Vol 8 (6) ◽  
pp. 2832-2838
Keyword(s):  
Financial Reporting ◽  
Banking Sector ◽  
Influencing Factor ◽  
Secondary Data ◽  
Least Square ◽  
Fraudulent Financial Reporting ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
Section Data ◽  
Recent Trends

Many discussions and opinions of experts who produce endangement or tools to detect the possibility of fraud in reporting financial performance. One of the most recent trends is the Pentagon fraud approach. Pentagon is a form that has five sides, there are five categories of causes of fraud in pentagon fraud, namely: pressure, opportunity, rationalization, competence and arrogance. Our research takes samples from banks, because the sector is the most common case of fraud. We made this quantitative secondary data-based research to have written evidence for reference in banking sectors. We use cross section data from 2016 year ends up to 2018. We own 35 samples from three years period, the total of 105 samples. We use ordinary least square using nine independent variables and one dependent variable. After conducting this research, we found that opportunity is the most influencing factor for company in banking sector to do fraud. While the others factor has no significant effect.

scholarly journals Determinants of Household Debt in Malaysia from the year 2010 to 2017

2019 ◽  
Vol 5 (2) ◽  
pp. 91
Author(s):  
Zahariah Mohd Zain ◽  
Nurul Ainun Ahmad Atory Ahmad Atory ◽  
Sarah Amirah Hanafi
Keyword(s):  
Positive Relationship ◽  
Negative Relationship ◽  
Housing Price ◽  
Least Square ◽  
Household Debt ◽  
Macroeconomic Variables ◽  
Explanatory Variables ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
Lending Rate

Household debt has become an issue in the Malaysian economy as it affects the country socially and economically.This study aims to examine the determinants of household debt from the year 2010 until 2017. This study employs the Ordinary Least Square (OLS) method and the macroeconomic variables used in this study are Gross Domestic Product (GDP), base lending rate, unemployment and housing price as independent variables. The results indicate that the trend of household debt in Malaysia has shown a continuous rise from the year 2010 to 2017. GDP, base lending rate and housing price indicate a positive relationship towards household debt while unemployment shows a negative relationship to household debt in Malaysia. All explanatory variables have shown a significant relationship except for GDP. Housing price has been found to be the most significant factor and positively related to household debt. The findings indicate that the higher the price of houses, the higher the household debt will be.

scholarly journals Effect of Monetary Policy on Financial Intermediation in Nigeria

2020 ◽  
pp. 22-36
Author(s):  
Chukwu, Kenechukwu Origin ◽  
Ogbonnaya-Udo, Nneka
Keyword(s):  
Monetary Policy ◽  
Financial Intermediation ◽  
Research Work ◽  
Secondary Data ◽  
Causality Test ◽  
Explanatory Variables ◽  
Financial Infrastructure ◽  
Effect Of Monetary Policy ◽  
The Cost ◽  
Reserve Ratio

The study examined the effect of monetary policy on financial intermediation in Nigeria. Secondary data were collected from Central Bank of Nigeria statistical bulletin spanning from 1988 to 2018.The research work selected Nigeria as its sample and used the VECM to test the effect of the explanatory variables (Monetary Policy Rate, Cash Reserve Ratio, Loan to Deposit Ratio and Liquidity Ratio) on the dependent variable (Total Domestic Bank Credit).The findings from the study revealed that monetary policy has insignificant effect on intermediation in Nigeria. The granger causality test also shows a unidirectional causality between monetary policy and intermediation in Nigeria. The results suggest that lending interest rate is still high while deposit rate is low and this discourages savings and borrowing in the country. The study recommends among others that monetary policy should be reviewed in order to lower the cost of borrowing (lending rate) so as to encourage investors to borrow more. Commercial banks should try to increase its deposit rates which will help them to mobilize more deposits, as this will enhance their lending services. Financial infrastructure in the country should be improved upon as this will help banks in deposit mobilization especially the unbanked in the country.

scholarly journals PENGARUH PRODUK DOMESTIK BRUTO DAN SBI TERHADAP PENERIMAAN PAJAK DI INDONESIA

2020 ◽  
Vol 1 (1) ◽  
Author(s):  
Rahmanta Ginting
Keyword(s):  
Time Series ◽  
Research Result ◽  
Least Square ◽  
Domestic Product ◽  
Tax Revenue ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
Dependent Variables ◽  
Negative Effect ◽  
Positive Effect

The research to analyse effect net domestic product and SBI on tax revenue in Indonesia with independent variables  net domestic product and SBI also dependent variables tax revenue. Data is a time series between 1981 - 2010 with ordinary least square (OLS) and the model of formula used is multiply linier regression.  The research result shows that net domestic product gives a positive effect and significant on tax revenue in Indonesia on 99% level. While SBI has a negative effect and significant on tax revenue in Indonesia on 90% level.

Determinants of financial literacy in rural India: A study of Aligarh district

2021 ◽  
pp. 2150009
Author(s):  
N. P. Abdul Azeez ◽  
S. M. Jawed Akhtar
Keyword(s):  
Financial Literacy ◽  
Financial Services ◽  
Service Providers ◽  
Social Groups ◽  
Multiple Regression Model ◽  
Least Square ◽  
Rural India ◽  
Rural People ◽  
Ordinary Least Square ◽  
Independent Variables

What drives rural people to use financial services and products is a critical step in the journey towards financial inclusions. The financial service providers and policymakers have engaged with this challenge by seeking insights into the socio, economic, demographic and cultural factors that prompt people to be aware and learn about financial services and products, try them out, and use them over time. The determinants of financial literacy focus more sharply on the socio-economic demographic factors, and have used ordinary least square, multiple regression model. This model determines how various independent variables namely age, gender, income, religion, social groups, family size, marital status, educational level, occupation, etc. significantly influence financial literacy of the respondents.

scholarly journals Treasury Single Account and the Performance of Banking Sector: A Study of Selected Deposit Money Banks in Oyo State, Nigeria

2019 ◽  
pp. 1-8
Author(s):  
Oyedele, Oloruntoba ◽  
Oyewole, Olabode Michael ◽  
G. T. Ayo-Oyebiyi
Keyword(s):  
Economic Activity ◽  
Banking Sector ◽  
Banking System ◽  
Sampling Technique ◽  
Least Square Method ◽  
Study Data ◽  
Least Square ◽  
Ordinary Least Square ◽  
Data Collection Instrument ◽  
Structured Questionnaire

The banking sector in any country plays a fundamental role in increasing the level of economic activity. However, the implementation of treasury single account has been devilled its performance. This study therefore investigates the implication of treasury single account on the performance of Nigerian Deposit Money Banks. Quantitative analysis was used in this research, with data collected by the researchers. Five banks (Zenith Bank, First Bank Plc, UBA, Access Bank and Guaranty Trust Bank) were selected through purposive method. Judgmental sampling technique was also used to select Head of Operation, Accountant and Branch Manager from 10 branches each of the selected bank in Oyo State, Nigeria, totaling 150 respondents as a sample size for the study. Data collection instrument used was a structured questionnaire and data analysis was performed with the aid of Ordinary Least Square method of estimation. Result shows that implementation of Treasury Single Account has significant relationship with closure of branches, withdrawal syndrome from the banking system, liquidity crisis and unemployment crisis in Deposit Money Banks. Subsequently, the study recommends that banks should focus on their core banking operations rather than feeding on government idle funds kept into various accounts by Government Ministries, Departments and Agencies (MDAs). Also, banks should sensitize people on the importance of baking culture instead of them keeping their money under their pillow, inside their farms and underground.

scholarly journals Deposit Money Banks and Economic Growth in Nigeria

2014 ◽  
Vol 5 (1) ◽  
pp. 41-50 ◽  
Author(s):  
Samson Ogege ◽  
Tarila Boloupremo
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Banking System ◽  
Least Square ◽  
Series Data ◽  
Credit Allocation ◽  
Least Square Estimator ◽  
Ordinary Least Square ◽  
Residual Series

This paper examines the effect of deposit money banks intermediation role on economic growth and development in Nigeria. The main objective of the research was to ascertain the extent to which sectorial credit allocation by deposit money banks have influenced growth in the economy. Time series data covering the period 1973-2011 for deposits money banks credits in Nigeria and per capita gross domestic product were analyzed within the framework of Engle-Granger Representation Theorem; the approach estimated a co-integrating regression using the ordinary least square estimator, and then investigated the presence of a co-integration relation by examining the stationarity of the estimated residual series. The findings indicate that credit allocation to the production sector is significantly promoting economic activity. The implication that can be drawn from this study is that to ensure that the banking system performs its role of credit allocation effectively it must channel funds into productive investment and more productive uses; deposit money banks should act as efficient financial intermediaries devoted to allocating resources to the most productive uses.

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