This paper examines the relationship between inflation and inflation uncertainty in Nigeria. It attempts to test whether the Friedman's hypothesis - that a rise in the average rate of inflation leads to more uncertainty about future rate of inflation - holds for the country. The monthly...

This study investigates the long run relationship between exchange rate andexternal reserves in Nigeria during 1990Q1 - 2012Q4. We confirm theexistence of threshold cointegration between the variables in Nigeria, asagainst linear cointegration. Consequently, a two-regime threshold vector error...