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inflation does not significantly affect bank profitability over both the short- and long-term. … controlling for bank specific and macroeconomic determinants of bank profitability. Bank profitability is proxied by return on … significant negative effect on bank profitability only in the long run. Generally, the explanatory variables used in the study …
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conducive to sustainable economic growth. Over the last decade, Spain has seen improvements in inflation, output, employment …
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South Africa, but not in Nigeria. Overall, South Africa’s central bank places much emphasis on inflation targeting in …In Africa, a number of countries like South Africa have adopted inflation targeting. In Nigeria, different monetary … policy regimes have been adopted over the years with rather unsatisfactory success. This study examines inflation targeting …
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