Achieving fiscal convergence between countries of a monetary union helps in the design and implementation of policies to strengthen macroeconomic convergence, which mitigates the contagion effects of macroeconomic instability and ensures the long-term viability of the proposed union. This paper...

Alors que des études antérieures ont exploré la relation entre l'inflation et la croissance économique, la littérature existante sur l'effet de seuil de l'inflation sur la croissance économique dans la Zone Monétaire de l'Afrique de l'Ouest (ZMAO) suppose principalement une association...

This paper explores the effects of economic integration on intensive and extensive export margins of Nigeria's trade with ECOWAS and other African countries. Multiple indices of economic integration and the margins of exports are computed. Fractional Logit model is used to estimate the intensive...

The empirical results of this study show the importance of the composition of different government expenditure and revenue categories in analyzing the effects of fiscal policy variables on private investment which are often masked when only aggregate fiscal variables are used. When total...