The paper examined the impact of macroeconomic uncertainty on the ten largest subsectors of the Nigerian economy using quarterly data from Q1 1981 to Q4 2023. The rationale behind selecting the subsectors is that these sectors constitute about 89 percent of the entire productive activities in...

Food production is a complex process where uncertainty is very relevant (e.g. stochastic yield and demand, variability in raw materials and ingredients ...), resulting in differences between planned production and actual output. These discrepancies have an economic cost for the company (e.g....

Food production is a complex process where uncertainty is very relevant (e.g. stochastic yield and demand, variability in raw materials and ingredients…), resulting in differences between planned production and actual output. These discrepancies have an economic cost for the company (e.g....

The study applies a BEKK GARCH-M model to examine the effect of uncertainty on the levels of inflation and output growth in Nigeria. The results suggest a significant positive effect of inflation uncertainty on the level of inflation, supporting the Cukierman and Meltzer (1986) hypothesis. In...

The study applies a BEKK GARCH-M model to examine the effect of uncertainty on the levels of inflation and output growth in Nigeria. The results suggest a significant positive effect of inflation uncertainty on the level of inflation, supporting the Cukierman and Meltzer (1986) hypothesis. In...