id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
afbr-578	Oluwole, Foluso Ololade; Oloyede, John Adebayo	Test of Monetary Approach to Balance of Payments in West Africa Monetary Zone	2020	9	.pdf	application/pdf	5840	330	55	The pairwise causality tests indicated a unidirectional relationship between exchange rate, net domestic credit and net foreign assets while the other variables move independently and cannot granger cause net foreign assets. This result shows that one percent increase in net foreign asset at lag one, net foreign asset at lag two income, interest rate, exchange rate and MCIP will lead to 64, 17, 2, 15, 9 and 6 percent increases in net foreign asset while, one percent increase in value of export, net domestic credit, capital movement and inflation rate will cause the net foreign asset to reduce by 28, 51, 26 and 4 percent respectively in West Africa.	cache/afbr-578.pdf	txt/afbr-578.txt