This paper provides a long term analysis of the determinants of the shadow economy. Using data for the United States … bigger government reduced it, with the effects of inflation being statistically insignificant. Politically, the efficacy of … relationship between the shadow economy and its determinants exhibit some remarkable differences. …

n this study, we examine the evolution of the Central Bank of Nigeria's (CBN) reaction function since the adoption of … inflation and output stabilisation mandates of the CBN. The study also finds that inclusion of more instruments in the CBN … therefore emphasises the difficulty of the CBN to effectively manage inflation and output stabilisation simultaneously, which …

Inflation is one of the most challenging macroeconomic objectives capable of frustrating every pragmatic effort at … achieving other macroeconomics goals if not curtailed. To this end, the paper empirically examines the threshold inflation rate … a least square multivariate approach to estimate a threshold level of inflation. Further, error correction modeling (ECM …