Asue, Emmanuel A.; Ikyaator, James V. - In: CBN journal of applied statistics 14 (2023) 2, pp. 103-131
This study examines external debt pass-through to inflation in Nigeria using annual data from 1981 to 2020 based on structural vector autoregressive (SVAR) model. The results reveal that an increase in external debt service leads to a significant depreciation of the exchange rate, which leads to...