Public debt and domestic savings: The role of market interest rates
Abstract
The financial system plays an important role in the mobilization of savings and public debt. The market interest rate is therefore a key determinant in pricing savings and debt. To determine how this relationship plays out in Nigeria, this study employed an ARDL (1, 1) model to examine the long and short run relationships between public debt, domestic savings and market interest rates in Nigeria. A results show the existence of both a short-run and long-run relationship between the variables under review.
How to Cite This Article
Akinboyo O Lawrence (2023). Public debt and domestic savings: The role of market interest rates . International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 4(4), 311-317. DOI: https://doi.org/10.54660/IJMRGE.2023.4.4.311-317