eddycolo: I have been lured by the incomplete information. The question according to zico0.... "They say the central bank is the apex financial institution in any country and it is the bank that issues the legal tender money. The CBN dosen't issue money for free, so how does the currency circulate?

First, the central bank don't issue or give money for free, there are costs involved in printing monies, the difference between these costs and the profit so to speak is called Seigniorage. After printing, there are several means of putting this monies in circulation. In no particular order, first, we have lending to commercial banks for little or no interest depending on the monetary policy at the time. In other words, central banks lends money to other banks whom in turn lend this money to individuals or firms(circulating). Secondly, we have OMO(open market Operation) where central bank sell or buys bonds to either get money into the system or take money out of the system or circulation. central bank sell bonds to get money out of the system and out of circulation and buys them back when it wants to put it back in circulation. Thirdly, it lends to government, the government get this monies and spends it thereby circulating.....,


Hope this helps.

Seigniorage

eddycolo: I have been lured by the incomplete information. The question according to zico0.... "They say the central bank is the apex financial institution in any country and it is the bank that issues the legal tender money. The CBN dosen't issue money for free, so how does the currency circulate?

First, the central bank don't issue or give money for free, there are costs involved in printing monies, the difference between these costs and the profit so to speak is called Seigniorage. After printing, there are several means of putting this monies in circulation. In no particular order, first, we have lending to commercial banks for little or no interest depending on the monetary policy at the time. In other words, central banks lends money to other banks whom in turn lend this money to individuals or firms(circulating). Secondly, we have OMO(open market Operation) where central bank sell or buys bonds to either get money into the system or take money out of the system or circulation. central bank sell bonds to get money out of the system and out of circulation and buys them back when it wants to put it back in circulation. Thirdly, it lends to government, the government get this monies and spends it thereby circulating.....,


Hope this helps.

Seigniorage

CAMEROONPRIDE: Thanks for this thread.
First and first I have a question:
I'm actually an undergraduate student in business, but I would like to switch to Economic or finance for my master. I would like to know which one is better and offer more job opportunity?

Or should I go for international business/

tayo_ast: Nice thread.

Need some help here.
I'm supposed to start my dissertation and the topic has to do with 'assessing the impact of quantitative easing on economic growth'. Getting materials on this topic has been proving difficult.

Dunno if anyone can help? What journals should I be looking at?
Thank you.

Meenoti:

Economics will pay you better.

Meenoti:

Check repec.org and imf research papers

ARareGem: Thank you for openning this thread!

This is my question: Why is there an inverse relationship between the prices of bonds and interest rates?

Also, would anyone be so kind as to suggest some microeconomic research topics that would make use of logit mode of analysis. I'm stuck on getting a topic.

Thanks in anticipation.

tayo_ast: Nice thread.

Need some help here.
I'm supposed to start my dissertation and the topic has to do with 'assessing the impact of quantitative easing on economic growth'. Getting materials on this topic has been proving difficult.

Dunno if anyone can help? What journals should I be looking at?
Thank you.

Meenoti:

Economics will pay you better.

Zico0: In the course of following up @ArareGem's question, i ran into mine: how do companies come about the value of shares or what are the factors that determines the stock market price ?

Zico0: In the course of following up @ArareGem's question, i ran into mine: how do companies come about the value of shares or what are the factors that determines the stock market price ?

Zico0: In the course of following up @ArareGem's question, i ran into mine: how do companies come about the value of shares or what are the factors that determines the stock market price ?

Zico0: In the course of following up @ArareGem's question, i ran into mine: how do companies come about the value of shares or what are the factors that determines the stock market price ?

tayo_ast: Nice thread.

Need some help here.
I'm supposed to start my dissertation and the topic has to do with 'assessing the impact of quantitative easing on economic growth'. Getting materials on this topic has been proving difficult.

Dunno if anyone can help? What journals should I be looking at?
Thank you.

Emmyvans:

Also check out journals on the impact of monetary policy on economic growth. It should av a section that talks about Quantitative easing or open market operation. If u look through google and luckily find any paper on ur said topic, look through the references to get access to others.

There is no depletion in fact. There is growth and i mean real growth especially in the agric sector. Privatisation to well-known world class companies for infrastructure development, Financial Services, IT, Communications, Audit, Airport management, etc is the best thing that can happen to a country like Nigeria. It breaks the stronghold of lazy public servants and unnecessary government interventions in the free market.

As you can see, not much attention to this thread cos even the public servants who could present their views on privatisation are busy eating AMALA in the office with very little regard for anyone and anything else