Showing 1 - 10 of 166
This paper investigates two stages of transmission through which inflation stabilization policy affects headline inflation by estimating a threshold cointegration model. The paper finds that asymmetric monetary shocks passing-through food prices exerts inflationary pressure on consumer prices,...
Persistent link: https://www.econbiz.de/10015393663
This paper tests validity property of the indicators that measured local content policy (LCP) in Nigeria’s oil sector … in Nigeria’s oil sector. Hence, government should focus on effective implementation and compliance of the policy rather …
Persistent link: https://www.econbiz.de/10011841037
rates in Nigeria from 2003 to 2011. The main objectives are to identify inflation cycles, fit a suitable model to the data … obtained from the Central Bank of Nigeria (CBN) website. Periodogram and Fourier series methods of analysis are used to analyze …
Persistent link: https://www.econbiz.de/10011474361
This paper investigates the effectiveness of monetary-fiscal policies interaction on price and output growth in Nigeria … positive impact on price and economic growth in Nigeria specifically in the long run, thus some time with lag. Although … monetary and fiscal policy exert greater impact on real GDP and inflation in Nigeria. Overall, it is evident that the impact of …
Persistent link: https://www.econbiz.de/10011474838
This work focuses on the development of house price indices for Nigeria, and the estimates of the Nigerian Residential … econometric methods like hedonic and repeat sales were constraints in constructing residential property price indices for Nigeria … dwellings sold in Nigeria from 2010 to 2012. The need for housing policy that will empower a comprehensive documentation of all …
Persistent link: https://www.econbiz.de/10011476139
Heteroscedasticity (GARCH) family with a view to providing a parsimonious approximation to the dynamics of Nigeria's inflation volatility … the dynamics of headline and core CPI volatilities in Nigeria, while the symmetric GARCH (1,1) was found to be adequate …
Persistent link: https://www.econbiz.de/10011476231
inflation and growth in Nigeria, using three different approaches that provide appropriate procedures for estimating the … statistically significant to explain the inflation-growth nexus in Nigeria. Also, the approach of Drukker et al (2005) suggests a … Nigeria. Using the estimated two threshold point model, this paper did not find enough reasons to accept the null hypothesis …
Persistent link: https://www.econbiz.de/10011477127
inflation for Nigeria. Using a threshold regression model developed by Khan and Senhadji (2001), the study estimated a threshold … inflation level of 13 per cent for Nigeria. Below the threshold level, inflation has a mild effect on economic activities, while …
Persistent link: https://www.econbiz.de/10011477177
This paper investigates evidence of a Fisher effect in Nigeria by employing quarterly CPI inflation and Nominal …
Persistent link: https://www.econbiz.de/10011477662
Nigeria for the period 1985 to 2008. The findings of this paper seem to suggest that stock market returns may provide an … effective hedge against inflation in Nigeria. …
Persistent link: https://www.econbiz.de/10011477682