Bello, Usman Adamu; Rafindadi, Aliyu Sanusi - In: CBN journal of applied statistics 14 (2023) 1, pp. 121-156
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 … headline inflation by means of stimulating food supply could unavoidably inflate food prices more than it could deflate it …