Nwachukwu, Ngozi E.; Ali, Abdulkadir I.; Abdullahi, … - In: CBN Journal of Applied Statistics 07 (2016) 1, pp. 233-254
This paper models the long-run relationship between the Bureau De Change exchange rate and external reserves in Nigeria in a Threshold Vector Error Correction Model (TVECM) framework using daily data that spans from Jan 1, 2014 to Jul 31, 2015. Modeling BDC exchange rate and external reserves...
