I estimate stochastic frontier models for agricultural productivity using factors that proxy for absolute risk aversion (e.g. loan amounts) and factors that proxy for relative risk aversion (loan pricing or interest rates). Empirical findings show absolute risk aversion ceases to matter for...

We find financing helps make up for deficiencies in farming experience and the absence of crop insurance, such that farmers that have less experience or do not have crop insurance are more likely to adopt productivity enhancing activities. We also find farmers are less likely to spend on output...

I find evidence that while a political event which has implications for Central Bank Autonomy (CBA event) induces currency depreciation that is accompanied by an increase in currency inventory risk, a political event that can be interpreted as evidence of partisanship (partisanship event)...

This study finds crude oil prices (`oil prices') affect market or portfolio expected returns on the NSE only via inducement of changes to risk aversion parameters of the `representative agent' who has exposure to both stock market return volatility risk and oil price risk. I refer to this effect...

I find policies targeted at stabilizing exchange rates within the context of Nigeria's managed floating exchange rate regime have not allowed for direct inflation targeting. In spite of this constraint, which is predicted by and consistent with macroeconomic theory, however, interactions between...

I find evidence for persistence in depreciation related currency pressure in the Naira to US$ exchange rate with persistence exacerbated by private sector profitability. The empirical evidence shows the Central Bank of Nigeria (CBN) reins in depreciation pressure induced within the private...

Essence of the lemons problem of Akerlof (1970) is not easy to communicate to practitioners, particularly practitioners in realm of commercial banking. Commercial bankers, particularly those located in developing or emerging countries typically find it difficult to understand how in face of...

Corporate Social Responsibility (CSR) typically is assumed to occur outside of firms' core operations, that is within context of responsibility for the environment and social contracts. Within this traditional context, CSR consists primarily of application of corporate profits to management of...