This study investigates the effect of CBDC issuance on economic growth rate and inflation rate in Nigeria. We are … interested in determining whether the rate of economic growth and inflation changed significantly after the issuance of a non …-interest bearing CBDC in Nigeria. Two-stage least square regression and granger causality test were used to analyse the data. Inflation …

shocks occurs simultaneously, showing the importance of inflation targeting. Yet, by focusing only on inefficient exogenous … perturbations, and taking into account a pegged regime and a simple Taylor rule based on consumer and producer price inflation, the …

key macro variables; domestic inflation, imported inflation, output, consumption, interest rate, exchange rate, term of … trade to different structural/exogenous shocks. From several interesting results, few are; (a) high inflation in Pakistan do … not hit domestic consumption significantly; (b) Central bank of Pakistan responds to high inflation by increasing the …