Babangida, Jamilu S.; Sanusi, Aliyu R.; Yusuf, Isah M. - In: CBN journal of applied statistics 12 (2021) 2, pp. 125-148
This study analyses the relationship between real exchange rate and domestic con- sumption in Nigeria using the Smooth … in real exchange rate, suggesting a nonlinear linkage with clearly distinct regimes. The lagged exchange rate is shown to …, evidence of a significant negative relationship between real exchange rate and domestic consumption is found, thus, supporting …