IMPACT OF SAVINGS & FINANCIAL DEVELOPMENT OF NIGERIA
Abstract This research work seeks to examine the impact of savings on financial development in Nigeria. Time series data from 1970 to 2013 were computed from world development indicators. The period was assumed long enough to proffer solution for the improvement of savings in the economy. The study used an Autoregressive Distributed Lagged (ARDL) estimation technique, built on the McKinnon complementary hypothesis framework to investigate the impact of savings on ...
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