This paper examines the role of money supply in determining unemployment rate in Nigeria. We employ a nonlinear … autoregressive distributed lag (NARDL) model to examine the pass-through effect of the growth in money supply into unemployment rate … long-run responses of unemployment rates to the positive and negative money supply growth shocks. Our result suggests that …

This paper examines the link between unemployment and monetary policy in Nigeria using a vector autoregressive (VAR … raises unemployment over a 10 quarter period. In addition, all the variables used as proxy in the model jointly Granger cause … unemployment, implying the existence of a dynamic relationship between monetary policy and unemployment in Nigeria. …

incentives as it reduces the attractiveness of remaining a low-educated worker. However, unemployment also increases …