The study investigates the long-run causal relationship amongst budget deficits, money growth and price level for Nigeria between 1971 and 2008 inclusive. The empirical findings predict a long-term cointegrating relationship with unidirectional causality running from budget deficit to money...

type="main" xml:lang="fr" <title type="main">Résumé</title> <p>L'étude porte sur la relation de long terme entre causalité déficits budgétaires, la croissance de l'argent et le niveau de prix pour le Nigeria entre 1971 et 2008 inclus. Les résultats empiriques prédisent une relation à long terme avec cointégration...</p>

For most public projects, especially environmental projects that are partly funded by multilateral donor agencies, cost-benefit analysis has become a routine procedure for the approval of project funds. These agencies are very keen to know whether the target community or country possesses the...

This paper tests the validity of Purchasing Power Parity (PPP) doctrine for Ghana using the conventional relative PPP equation. We conducted a univariate Augmented Dickey-Fuller unit root test on the model variables. Exchange rate and CPI data for Ghana and the USA were collected on annual basis...