Showing 1 - 10 of 154
This study examines the dynamics of naira real exchange rate (RER) during the period 2000Q1 – 2016Q1 as well as the extent to which it deviated from its long run equilibrium path. To achieve this, we adopt the Behavioural Equilibrium Exchange Rate (BEER) model approach and incorporate the...
Persistent link: https://www.econbiz.de/10011843508
capital mobility simultaneously. This study empirically examines the effects of Nigeria's trilemma policy path on interest …
Persistent link: https://www.econbiz.de/10012031129
Persistent link: https://www.econbiz.de/10011529334
This paper examines the impact of real effective exchange rate misalignment on economic growth in Nigeria using an …
Persistent link: https://www.econbiz.de/10011460320
This paper examines the effect of crude oil price movement on the Nigerian stock market and the role of exchange rate as a plausible countercyclical policy tool. Daily data on All Share Index of the Nigerian stock market, crude oil prices and exchange rate, were collected for two periods:...
Persistent link: https://www.econbiz.de/10011460340
This paper constructs an early warning system for currency crises in Nigeria based on selected key macroeconomic …
Persistent link: https://www.econbiz.de/10011473716
estimate the intensity (and effectiveness) of monetary sterilization by the Central Bank of Nigeria (CBN) in response to …
Persistent link: https://www.econbiz.de/10011477122
This paper assesses the monetary policy response of the Central Bank of Nigeria(CBN) to increases in capital inflows … into Nigeria using monthly time series datafrom January 2009 to December 2017. It presents an econometric assessment of … Nigeria, the study illustrates how steriliza-tion has not adequately tackled the major risks of capital inflows which …
Persistent link: https://www.econbiz.de/10012513378
The study employs the Markovian processs on annual nominal effective exchange rate of CFA Franc spanning 1975 to 2017 to examine whether the CFA franc is prone to speculative attacks or a contagion effect. The findings reveal that the expected duration for the CFA Franc to be undervalued is...
Persistent link: https://www.econbiz.de/10012178357
This paper uses quarterly data to explore the monetary and fiscal policy interactions in Nigeria between 1970 and 2008 …. As a preliminary exercise, the paper examines the nature of fiscal policies in Nigeria using a vector autoregression (VAR …-Ricardian fiscal policy in Nigeria. Further, the paper analyzes the interactions between monetary and fiscal policies by applying a …
Persistent link: https://www.econbiz.de/10011477833