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forecasting of inflation in Nigeria for the period of 1961 { 2016. The study employed Granger causality test, Au- toregressive … inflation threshold of 14% -15% both in the short run and long run was established for Nigeria. As for the forecasting of … inflation, the findings showed that VAR (1) could forecast inflation rate in Nigeria with high degree of accuracy. Hence, this …
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This paper provides an empirical analysis of volatility time structures in agricultural markets (sugar, wheat, soybeans and coffee) for a time period from 2008 to 2016. The time period covers at least three food crises which make the analysis interesting for both researches and policy makers. In...
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This paper investigates the nonlinearity in the effects of news shocks about technological innovations. In a maximally flexible logistic smooth transition vector autoregressive model, state-dependent effects of news shocks are identified based on medium-run restrictions. We propose a novel...
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