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Nigeria inflation series covered by the study. The paper found a weak and statistically insignificant relationship between the …Survey-based expectations are mostly used by monetary authorities for inflation forecasts and evaluation of the … credibility of their inflation fighting policies. It is also an important link in the monetary policy transmission mechanism. This …
Persistent link: https://www.econbiz.de/10011473533
rates in Nigeria from 2003 to 2011. The main objectives are to identify inflation cycles, fit a suitable model to the data …This work considers the application of Periodogram and Fourier Series Analysis to model all-items monthly inflation … and make forecasts of future values. To achieve these objectives, monthly all-items inflation rates for the period were …
Persistent link: https://www.econbiz.de/10011474361
concludes that previous values of IR and money supply (MS) are significant in predicting future ination rates in Nigeria. …
Persistent link: https://www.econbiz.de/10012031209
. Using data from January 2009 to December 2014 on the Nigerian inflation rate, and forecasts of currency in circulation (see …
Persistent link: https://www.econbiz.de/10011843499
forecasting of inflation in Nigeria for the period of 1961 { 2016. The study employed Granger causality test, Au- toregressive … inflation threshold of 14% -15% both in the short run and long run was established for Nigeria. As for the forecasting of … inflation, the findings showed that VAR (1) could forecast inflation rate in Nigeria with high degree of accuracy. Hence, this …
Persistent link: https://www.econbiz.de/10011922677
Nigeria. This paper proposes four short-term headline inflation forecasting models using the SARIMA and SARIMAX processes and … SARIMAX model. This model is, therefore, recommended for use in short-term forecasting of headline inflation in Nigeria. The …Short-term inflation forecasting is an essential component of the monetary policy projections at the Central Bank of …
Persistent link: https://www.econbiz.de/10011488735
Time series analysis of Nigerian monthly Inflation Rates (INFL) Data is done. It is observed that it is seasonal. Based … forecasts are obtained on the basis of it. These forecasts are shown to agree closely with the observations. -- inflation rate … ; seasonal time series ; ARIMA model ; Nigeria …
Persistent link: https://www.econbiz.de/10009769978
Persistent link: https://www.econbiz.de/10010222062
Persistent link: https://www.econbiz.de/10003463130
This article contributes to the existing empirical literature by examining the spillovers across price inflation and … agricultural commodity prices for the case of Nigeria. To achieve this objective, we employ the Diebold and Yilmaz (Int J Forecast … prices and inflation. Further empirical findings shows that inflation, sorghum, soybeans, and wheat were net receivers while …
Persistent link: https://www.econbiz.de/10012256021