Bawa, Sani; Abdullahi, Ismaila S. - In: CBN Journal of Applied Statistics 03 (2012) 1, pp. 43-63
It is widely believed that price stability promote long-term economic growth, whereas high inflation is inimical to … inflation for Nigeria. Using a threshold regression model developed by Khan and Senhadji (2001), the study estimated a threshold … inflation level of 13 per cent for Nigeria. Below the threshold level, inflation has a mild effect on economic activities, while …