Showing 1 - 10 of 4,931
Nigeria. -- inflation , exchange rate ; money supply ; VECM …This paper aims at providing quantitative analysis of the dynamics of money supply, exchange rate and inflation in … Nigeria. The paper utilizes secondary data that were obtained from the International Financial Statistics (IFS), of all …
Persistent link: https://www.econbiz.de/10009673069
This draft is a summary of the paper entitled: Forecasting Fuel Prices with the Chilean Exchange Rate. In that paper we show that the Chilean exchange rate has the ability to predict the returns of oil prices and of three additional oil-related products: gasoline, propane and heating oil. The...
Persistent link: https://www.econbiz.de/10013243891
reveal some evidence of convergence in exchange rates, especially for Guinea and Liberia. For inflation, there is no evidence … towards the criteria, with only Ghana seeming to converge towards the reference country, Nigeria. The results showed little …
Persistent link: https://www.econbiz.de/10015045367
The study models the behaviour of the Central Bank of Nigeria. An extended Taylor's framework that accounted for … investigation spanned 1981q1 - 2017q4. The study found that money supply in Nigeria was endogenous and showed, consequently, that … the Central Bank of Nigeria (CBN) acted discretionally rather than stick to some monetary policy rules for the period …
Persistent link: https://www.econbiz.de/10012429646
correction methodology, the paper found the exchange rate pass-through into Nigeria's CPI inflation to be incomplete. The long … prices in Nigeria for the period 1995Q1 - 2015Q1. Utilizing the Johansen approach to cointegration and a vector error … Nigeria. …
Persistent link: https://www.econbiz.de/10011460225
This article identifies the best models for forecasting the volatility of daily exchange returns of developing countries. An emerging consensus in the recent literature focusing on industrialized countries has noted the superior performance of the Fractionally Integrated Generalized...
Persistent link: https://www.econbiz.de/10013058579
From September 2011 to January 2015, the Swiss National Bank (SNB) implemented a minimum exchange rate regime (i.e. a one-sided target zone) vis- à-vis the euro to fight deflationary pressures in the aftermath of the Great Financial Crisis. During this period of unconventional monetary policy,...
Persistent link: https://www.econbiz.de/10012840088
This paper investigates the effect of inflation volatility on private sector credit growth. The results indicate that … private sector credit growth is positively linked to the one period lagged inflation volatility. Given that past monetary … positive response of private sector credit growth to past inflation volatility suggests a credible monetary policy regime in …
Persistent link: https://www.econbiz.de/10011853882
The marked turnaround in Russia's foreign trade in 2023 exerted strong downward pressure on the Russian rouble, which lost around 30% of its value. Global oil prices were declining in the first half of the year, the EU import embargo on Russian oil depressed prices even further; and on top of...
Persistent link: https://www.econbiz.de/10015065596
countries, US inflation rate and US output growth rate. For exchange rates, we use the dataset of Molodtsova and Papell (2009 … the forecasting ability of ‘simpler' economic models of exchange rates. With respect to US inflation and output growth …
Persistent link: https://www.econbiz.de/10013128737