Showing 1 - 10 of 155
Nigeria inflation series covered by the study. The paper found a weak and statistically insignificant relationship between the …Survey-based expectations are mostly used by monetary authorities for inflation forecasts and evaluation of the … credibility of their inflation fighting policies. It is also an important link in the monetary policy transmission mechanism. This …
Persistent link: https://www.econbiz.de/10011473533
This study examines the impact of oil price shocks on inflation in Nigeria. A Non-Linear Autoregressive Distributed Lag … toincrease in headline, core and food measures of inflation in Nigeria. However, a de-cline in oil price resulted in a decline in … shocks ledto higher inflation in Nigeria when exchange rate is dropped from the models, indi-cating that exchange rate …
Persistent link: https://www.econbiz.de/10012513286
This paper tested for the validity of the Fisher hypothesis in Nigeria during the period 1970 - 2014. The Gregory and … Hansen Co-integration test confirmed the existence of a long-run relationship between nominal interest rates and inflation … expectations and ensuring low and stable prices in Nigeria. …
Persistent link: https://www.econbiz.de/10011529383
testing approach to cointegration. Empirical results indicated that inflation in Nigeria proxied by CPI exhibited a strong … determinants of inflationary process in Nigeria over the study period. We also found strong evidence of the importance of money …This study examined the dynamics of inflationary process in Nigeria over the period 1981 – 2015, using the bounds …
Persistent link: https://www.econbiz.de/10011534974
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 paper investigates the relationship among dollarization, inflation and interest rate in Nigeria for the period … to inflation in Nigeria. This suggests that policies that aim to reduce inflation in Nigeria must include measures that … autoregression (SVAR). Empirical evidence shows that dollarization index has been on the increase in Nigeria since 1994, despite …
Persistent link: https://www.econbiz.de/10011473490
Nigeria. This paper proposes four short-term headline inflation forecasting models using the SARIMA and SARIMAX processes and … SARIMAX model. This model is, therefore, recommended for use in short-term forecasting of headline inflation in Nigeria. The …Short-term inflation forecasting is an essential component of the monetary policy projections at the Central Bank of …
Persistent link: https://www.econbiz.de/10011488735
Central Bank of Nigeria should pay more attention to the trend of inflation and pursue policies that will ensure single digit … Nigeria using time series data spanning from 1970 to 2011. The results of the analyses indicate a unidirectional causality … inflation. …
Persistent link: https://www.econbiz.de/10011489612
This paper examines the relationship between inflation and inflation uncertainty in Nigeria. It attempts to test … on inflation and its uncertainty; it showed that inflation causes inflation uncertainty in Nigeria. The fitted EGARCH … whether the Friedman's hypothesis - that a rise in the average rate of inflation leads to more uncertainty about future rate …
Persistent link: https://www.econbiz.de/10011489799
rates in Nigeria from 2003 to 2011. The main objectives are to identify inflation cycles, fit a suitable model to the data …This work considers the application of Periodogram and Fourier Series Analysis to model all-items monthly inflation … and make forecasts of future values. To achieve these objectives, monthly all-items inflation rates for the period were …
Persistent link: https://www.econbiz.de/10011474361