Causes of Interest Rate Volatility in Nigeria
分析了2000年1月至2005年12月尼日利亚利率波动的原因，发现利率对货币供应和准备金率有显著负向影响，并建议经济多元化和加强税收征管。
This paper analyzed the causes of interest rate volatility in Nigeria for the period between January 2000 and December 2005 using an econometric model. The empirical analysis starts by analyzing the series properties of the data which is followed examining the nature of causality amongst the variable using the SPSS version 17 software packages. The results from the study indicated that interest rate exerted significant negative effects on the money supply and the required reserved ratio during the period. 10% decrease in Interest Rate will increase money supply by 4.09% and 10% decrease in interest rate will increase the required reserved ratio by 1.01%. In addition, the study recommended the diversification of the Nigerian economy by investing in other sectors of the economy and the empowerment the Federal Inland Revenue Services in prosecuting tax evaders and improvement on tax collection mechanisms to minimize tax evasion.