Oladunni, Sunday - In: CBN journal of applied statistics 10 (2019) 2, pp. 39-71
principal foreign drivers of the Nigerian business cycle. The global demand shock elicits the strongest responses from output … growth and inflation; while oil price shock impacts the terms-of-trade and interest rate the most. The historical … of oil price shock to inflation and interest rate is dominant. Further sensitivity analysis of pre-crisis period of 2008 …