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Countries of the Economic Community of West African States (ECOWAS) are heterogeneous, characterized by marked differences in production and export structures, divergent levels of inflation rates and fiscal positions. These features suggest that there is a greater tendency for the transmission...
Persistent link: https://www.econbiz.de/10013342069
Persistent link: https://www.econbiz.de/10013341539
The economic integration process requires appropriate understanding of the degree of vulnerability of member states to various kinds of shocks as well as identification of appropriate measures to mitigate the impact of these shocks on macroeconomic performance. Consequently, this study seeks to...
Persistent link: https://www.econbiz.de/10014287912
This study examines the impact of oil price shocks on inflation in Nigeria. A Non-Linear Autoregressive Distributed Lag (NARDL) approach was applied on quarterlydata spanning 1999Q1 to 2018Q4. Results showed that oil price increases led toincrease in headline, core and food measures of inflation...
Persistent link: https://www.econbiz.de/10012513286